Kamal Maharaj (47), appeared in the Palmridge Specialised Commercial Crimes Court on Wednesday, for theft and fraud estimated at R20 million.
Maharaj was employed by a Kayalami based TNA Packaging Systems South Africa Pty, Ltd as a regional manager from October 2013. The accused was a sole signatory in two of the company’s bank accounts where he siphoned about R20 million through transfers to his own account for self-enrichment.
The Hawks’ Serious Commercial Crime Investigation team traced and arrested Maharaj on Sunday in Pongola, Kwazulu Natal.
The court has granted Maharaj a R20 000 bail whilst the matter was remanded to 21 September 2022 for docket disclosure.
Meanwhile, in a separate case, Busisiwe Norah Gumbi (61), also appeared in the same court after she was served with summons for failure to submit tax returns amounting to R3 million in respect of her entities Cherified Pty LTD and Jarrex Trade and Investments.
The case against Gumbi was registered in March of 2021 by the South African Revenue Services (SARS).
The case has been postponed to 18 August for legal representation whilst Gumbo has been released on a warning.
