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IOL News reports that two Absa bank employees have been convicted of fraud and money laundering in the Gqeberha Specialised Commercial Crimes Court. Florika Shenay Owusu and Abongile Tyusha will be sentenced in March next year.
Both the accused were employed as consultants at an Absa branch in Patensie, Hankey in Humansdorp during the period November 2019 to June 2021. Hawks spokesperson Warrant Officer Ndiphiwe Mhlakuvana indicated: “Their duties were to issue clients with bank cards as well as to assist them with bank enquiries. It is alleged the accused fraudulently opened bank accounts with the aim of transferring cash from various clients’ dormant bank accounts into their fraudulent accounts.” The employees then withdrew the cash for their personal benefit. The transactions were made in tranches and as a result Absa suffered a loss of over R1 million. The duo were apparently found out during an internal audit at Absa. They were arrested in July 2022 and were released on bail of R1,000, which has been extended.
- Read the full original of the report in the above regard by Jolene Marriah-Maharaj at IOL News
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