Namibia: 'I Was Tempted Because There Was No Oversight' - Fraud Convict

17 January 2018

Windhoek — A man who pleaded guilty on 288 counts of fraud in the Windhoek High Court before Judge Naomi Shivute said he committed the offences because there was no control on the bank's treasury interest account from which he stole the money.

According to Mark Wayne van Wyk, 29, Standard Bank Namibia changed its systems during the period he started siphoning off money, thus leaving a loophole for someone to steal from it.

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