Today's Labour News

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gavel thumb100 News24 reports that a former bank employee was sentenced to an effective 20 years' imprisonment after he stole more than R500,000 over three days.

In addition, his pension benefits have been forfeited to the bank as compensation for the loss the bank incurred. According to Mpumalanga police spokesperson Brigadier Selvy Mohlala, Thokozani Goodwill Ndlovu received his employer's recognition when he was entrusted with taking care of the day-to-day operation of the ATMs. "The 35-year-old Ndlovu used [that] trust to enrich himself instead of rendering loyal service to his employer and clients," he indicated. The bank discovered that more than half a million rand had gone missing within three days in November 2018 and an internal investigation identified Ndlovu as the prime suspect. The bank then laid a formal charge with the SA Police Service in Volksrust, which conducted an investigation that led to Ndlovu's arrest in March 2019. Ndlovu was sentenced to 10 years each behind bars for two of the three counts of theft against him, and five years' imprisonment for the third count of theft, which will run concurrently with the sentence imposed for the second theft count. "Out of 25 years' imprisonment, he is expected to serve 20 years behind bars, and the Volksrust Regional Court further ruled that his pension be forfeited to the bank to compensate the loss incurred," Mohlala said.

  • Read the full original of the report in the above regard by Tshepiso Motloung at News24


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