South Africa: Former Land Bank CEO and Accomplices Sentenced for Fraud

press release

Pretoria — A former Land Bank CEO Philemon Mohlahlane (63), Ruben Mohlaloga (45), who is a former Member of Parliament and Dinga Rammy Nkhwashu (41), an attorney have been sentenced on Thursday by the Pretoria Specialized Commercial Crimes Court for defrauding the Land bank of around R6-million.

The three men were arrested by the Hawks' Serious Corruption Investigative unit in October 2012. This followed relentless investigations that revealed that, they had formed a common purpose to defraud the Agri-BEE Fund/Land Bank Government project of R6-million that was undeservedly paid into a trust account operated by Nkhwashu's firm on Mohlahlane's instruction.

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