An Illovo Sugar employee has been sentenced to 10 years behind bars for stealing nearly R6m from the company.
Saloshni Naidoo, 41, was sentenced by the specialised commercial crimes court this week after pleading guilty to fraud totalling R5.9m.
KwaZulu-Natal National Prosecuting Authority spokesperson Natasha Kara said Naidoo was employed in the finance department at Illovo Sugar and stole money over three years.
“She would divert the stolen money into her bank account and those of a family member and a friend.
“She was caught after another employee reported her to management.
“The company was able to retrieve R2m from her bank account and the Asset Forfeiture Unit was granted an order to the value of R720,000.”
TimesLIVE
Illovo Sugar employee sentenced to 10 years’ imprisonment for R5.9m fraud
Image: 123rf.com/skycinema
An Illovo Sugar employee has been sentenced to 10 years behind bars for stealing nearly R6m from the company.
Saloshni Naidoo, 41, was sentenced by the specialised commercial crimes court this week after pleading guilty to fraud totalling R5.9m.
KwaZulu-Natal National Prosecuting Authority spokesperson Natasha Kara said Naidoo was employed in the finance department at Illovo Sugar and stole money over three years.
“She would divert the stolen money into her bank account and those of a family member and a friend.
“She was caught after another employee reported her to management.
“The company was able to retrieve R2m from her bank account and the Asset Forfeiture Unit was granted an order to the value of R720,000.”
TimesLIVE
Court rejects bid by eThekwini municipality corruption accused to release R1m for legal fees
Asset Forfeiture Unit targets ex-Eskom employee
Case of officials charged with ‘bribing’ prosecutor set down for trial in May
Forensic firm appointed to probe SSA corruption: Ramaphosa
Would you like to comment on this article?
Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Trending
Related articles
Latest Videos