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Former MTN accountant now faces fraud charges of R54 million

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JOBURG – Ongoing investigation reveals that former MTN accountant allegedly stole R54 million from her then employer.

The state has requested a lengthy postponement of two months, to allow investigations to continue in a fraud case against former MTN accountant, Brendan Ruth Moshabane.

During the accused’s brief appearance in court on 1 August, State Prosecutor Advocate Bongani Chauke told the court that they required a lengthy postponement in the matter to allow investigations to be concluded.

He also pointed out that the fraud that Moshabane has been charged with, has skyrocketed to a whopping R54 million – more than double the initial amount reported when she was arrested in April.

Defence attorney Pierre Smit said the state has already pointed out that additional charges may be added. On agreement by both parties, the matter was postponed to 3 October to allow for further investigations.

The 42-year-old Moshabane is facing 16 counts of fraud, theft and money laundering. The state alleges that she defrauded her then employer, MTN, of about R54 million. She was arrested in April at the MTN headquarters in Fairlands where she was employed as an accountant. She is currently out on bail of R200 000.

Via Midrand Reporter

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