A 41-year-old former South African State Theatre (SAST) employee and four accomplices aged 37, 38, 44 and 59 were arrested today, 12 December 2023, following an investigation by the National Serious Corruption Investigation team.
The allegations in this matter relate to money laundering, fraud and theft that took place at the South African State Theatre which was reported on 4 November 2018.
It is alleged that two employees from SAST siphoned money for their own personal gain as they flouted the Supply Chain processes. The two employees allegedly utilised letter heads of existing companies to create invoices without the knowledge of the actual companies but changed the banking details to those belonging to the suspects’ relatives, resulting in the total amount stolen of R24 million.
All arrested suspects will appear in Pretoria Specialised Commercial Crimes Court tomorrow, 13 December 2023 to face fraud, theft and money laundering charges.