On Wednesday, 29 September 2021 two accused, Nhlanhla Makhanya (45) and Wandile Malinga (38) appeared in the Durban Specialised Commercial Crime Court on charges of fraud which happened in Durban.
On 22 January 2021, the accused allegedly approached the transactional banker in one of the banks in Durban. It is alleged that they tried to alter signatories on the Corporate Investment Bank account which does not belong to them and were not mandated to do so.
The potential loss was more than R 810 609 571.
A case of fraud was reported at Durban Central police station and the case docket was transferred to Hawks’ Durban Serious Organised Crime Investigation.
Makhanya and Malinga were traced and arrested on 29 September 2021.
They were both granted R5000-00 bail each and the case was postponed to 29 October 2021.
