Money laundering case against suspects who defrauded an employer resumes in Rustenburg Court
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A money laundering case against Dineo Precious Powane has been postponed to June 7th 2023 following an arrest of another suspect.
Powane made a brief appearance at the Rustenburg Magistrates’ Court on three charges of money laundering.
NPA Spokesperson Henry Mamothame said that Powane was linked to a case relating to a 44 years old Zambian national Evan Mutale, who is facing 21 charges of fraud and three alternative charges of money laundering after his arrest by the SAPS’ Provincial Commercial Crime Unit on 12 April 2023, in Rustenberg.
“He was charged for stealing over R 5 million, from Jaira Constructions and Projects, where he was employed as an accountant, responsible for managing accounts, payroll, and loading payments. Powane was granted R3000 bail, while Mutale is out on R10 000 bail.”
“Their matter will now appear at the Specialised Commercial Crimes Court, sitting in Rustenburg on 07 June 2023, for pre-trial conferencing.”
It is alleged that between September 2019 and November 2020, Mutale fraudulently transferred money into a bank account belonging to Powane, who has no links to the company but is known to him.
The transactions were allegedly done under the pretence of paying a service provider for services rendered to the company. In the process, he deceived his supervisor to make final authorisations for money to be transferred into Powane’s bank account.
He was charged with money laundering following an investigation which revealed that some of this money was later transferred to his bank account.
