A 27-year-old ABSA bank consultant was arrested in Limpopo for alleged fraud of R25 million.
The woman was pounced by members of the Hawks serious crime commercial crime investigation team in Elim outside Polokwane on Friday 17 July.
In a statement on today, Limpopo Hawks spokesperson Matimba Maluleke said the suspect was arrested in an operation conducted by the Hawks, police, and ABSA forensic investigators.
“It is alleged that the suspect stole R25 million from the Provincial Government accounts and deposited it into different accounts that he had opened.Despite the clandestine efforts by the suspect, the team painstakingly managed to trace and freeze the complex web of the bank accounts linked to him,” he said.
Maluleke said the suspect was arrested at his workplace and his house was searched whereby four Absa ATM cards, two withdrawal slips and R2030 cash were found and seized.
“The suspect will make his first appearance in the Waterval Magistrate’s Court on Monday, 20 July 2020 to face fraud charges,” he adds.
Maluleke said more arrests are imminent as investigations unfolds.
