FORMER BANK EMPLOYEES SENTENCED FOR FRAUD
Limpopo- the Directorate for Priority Crime Investigation welcomed the sentences imposed on the former ABSA bank employees in the Mokopane Regional court on 11 April 2022 for fraud. The accused, Dimakatso Prudence Ramokgole (34), Seatile Pauline Senoamadi (44) and Motsiri Peter Ramahlarerwa (58) were employed by ABSA bank at Naboomspruit, Lephalale in Limpopo Province and Sandton in Gauteng.
During 2019, they accessed the portfolios of Johannesburg Stock Exchange (JSE) and Samanco Foundation without any authorisation and transferred the amount of R2 900 000-00 from the account into their own bank accounts.
It was further established that the accused altered the banking details of the portfolios of the JSE and added their own and continued transferring more money from the trustees account.
As a results, the JSE trustee and Samanco Foundation suffered a loss of the total amount of R191 108 910-46 between July and September 2019.
The matter was reported to the Hawks by the bank forensic investigators. The accused were traced and arrested by the Hawks’ Serious Commercial Crime Investigation Unit on 01 October 2019 at various places in Limpopo and Gauteng Provinces.
They appeared before the court and they were released on R50 000-00 bail each.
The investigation was progressed until the accused were found guilty and sentenced on 11 April 2023 at Mokopane Regional Court as follows:
Accused no 1:Dimakatso Prudence Ramakgole (34)
Count 1 – Fraud: 15 years imprisonment
Accused no 2: Seatile Pauline Senoamadi
Count 1 – Fraud: 15 years imprisonment
Count 2 – Fraud: 15 years imprisonment
Sentences to run concurrently.
Accused 3: Motsiri Peter Ramahlarerwa
Count 1 – Fraud: 15 years imprisonment
Count 2 – Fraud: 15 years imprisonment
Sentences to run concurrently.
