Kistamman Loganathan (55) was arrested on Thursday, 31 August 2023 by members of the Hawks based Serious Commercial Crime investigation in Johannesburg after she handed herself over at their offices for defrauding her employer of R7 628 838-44.
It is alleged that between February 2019 and January 2023, Loganathan transferred over R7 million from her employers Levin Tatanis Inc a law firm from the company’s Trust and Business bank accounts into her two personal bank accounts. Upon realising that there may be some discrepancies, the firm instituted an internal investigation and subsequently a case was opened.
Loganathan appeared before the Palm Ridge Specialised Commercial Crimes Court on Thursday, 31 August 2023 and has been granted R10 000 bail and is expected back in court on the 4 October 2023.
Content retrieved from: https://www.saps.gov.za/newsroom/msspeechdetail.php?nid=48191.