IOL News reports a former Standard Bank employee who allegedly pocketed over R500,000 meant for Automated Teller Machines (ATMs) made an appearance in court this week.

Bongani Vincent Nkosi (37) appeared in the Specialised Commercial Crimes Court sitting in Ga-Rankuwa charged with two counts of theft. The matter was postponed to 22 November for judgment. National Prosecuting Authority (NPA) spokesperson Sivenathi Gunya said the accused had been an employee of Standard Bank in Mabopane. He elaborated as follows: “His (Nkosi’s) duties were to load cash into six automated teller machines, handling of customer automated teller machines, and taking out cash from deposits made by customers at the automated teller machines. It is alleged that on February 3, 2017, the accused was required to load cash in the amount of R630,000 into the automated teller machine of Standard Bank. Investigations revealed that he only loaded an amount of R70, 000.” Allegedly, Nkosi pocked the balance of R560,000. He was arrested in July 2018. The State asked the court to reject Nkosi’s version of events. “The accused claimed that he was accosted and kidnapped by unknown people who threatened to cause harm to him if didn’t steal an amount of R1 million from the bank and hand it to them. He was then released to go to his work place the next day when he decided to go on with a plan to steal the amount of R 560,000. According to the accused, he drove to the place where he met his assailants and handed over the money to them,” Gunya related. But, Nkosi failed to report the matter to his manager or the bank or the police.

• Read the full original of the report in the above regard by Jolene Marriah-Maharaj at IOL News

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