The next court appearance of Sayed Nadhir Mahuideen (53) before the Port Elizabeth Specialised Commercial Crimes Court for fraud, theft and money laundering amounting to R1,5 million, will be on 5 April 2019. Mahuideen, a Cape Town businessman, was arrested on Wednesday 27 February 2019, in Port Elizabeth by the Serious Organised Crime Investigation Unit of the Hawks after he handed himself over to the members.
He appeared in court on the same day and was granted R2000 bail.
Mahuideen is the second suspect who has been arrested for this case. Mthuthuzeli Swartz (58), the former Passenger Rail Agency of South Africa (Prasa) acting Chief Executive, was arrested on 22 January 2019 by the same unit.
The two are accused of defrauding a 41 year old businessman in that they misrepresented themselves as having authority to sell a Transnet railway line between Elliot and Maclear.
Consequently, the 41 year old businessman paid R1,5 million into the suspects’ bank account. However, the alleged victim never received the promised railway line in spite of the payment.
Swartz was also granted R2000 during his first court appearance on 22 January 2019. He will join Mahuideen on 5 April 2019 in court.
South Africa Today – South Africa News
