IOL News reports that a Cape Town woman, who was employed by Nedbank, has been sentenced to 15 years in prison for fraud after pocketing R5.3 million from the bank nine years ago.

The Nedbank Investment Management employee, Dolene Harrison, 49, was sentenced to 15 years direct imprisonment in the Cape Town Regional Court. Hawks Western Cape spokesperson Lieutenant Colonel Siyabulela Vukubi said Harrison had an administrator in the operations centre and internal suspense accounts for Investment Management in Nedbank. He said the fraud matter was brought to the attention of the Hawks’ Serious Commercial Crime Investigation team which investigated the crimes. Vukubi said that between 26 May 2015 and 2 November 2015, the convicted fraudster illegally transferred funds from the general ledger account held at Nedbank to a suspense account held at the same bank. “Thereafter she transferred funds from the suspense account to various accounts held at Standard Bank, ABSA, and FNB to the value of R5.3 million,” Vukubi indicated.

• Read the full original of the report in the above regard by Robin-Lee Francke at IOL News

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