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News24 reports that a corruption-accused former municipal employee linked to the VBS Mutual Bank saga was served with a warrant of arrest while lying ill in a hospital bed.
The former Dr Kenneth Kaunda Municipality employee is now under police guard while recovering in hospital. Five of his co-accused were scheduled to appear in the Orkney Magistrate's Court in North West on Wednesday. The accused were arrested in Johannesburg, Vryburg, Orkney, and Klerksdorp on Tuesday. The group is accused of fraud, corruption and money laundering to the extent of R2.5 million. According to Hawks spokesperson, Colonel Katlego Mogale, they were allegedly linked to the looting of VBS Mutual Bank after investigators noticed suspicious transactions on municipal accounts between 2017 and 2019. She said the man in hospital had since left the municipality. He is accused of routinely making payments into his wife's and brother's bank accounts. He is also accused of depositing funds into the account of a woman who lived in Johannesburg, claiming she had been awarded a tender. The woman would subsequently send the money back to him.
- Read the full original of the report in the above regard by Tebogo Monama at News24
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