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CZECH FUGITIVE KREJCIR NABBED FOR E20M FRAUD

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MBABANE - The five people, including two suspended employees and a former employee of the Central Bank of Swaziland (CBS), who have been arrested in connection with a E20 million fraud at the bank, were allegedly working jointly with Czech fugitive Rodovan Krejcir.


Initially, the stolen amount was known to be E7.5 million, but investigations which led to the arrest of the six revealed that it was E20 million.
This amount included attempted transfers which were discovered during the investigations that had not gone through yet.


They are facing a total of 16 counts of fraud.
Some of those arrested are Sipho Anthony Mkhabela of Luyengo (currently on suspension), Jabulani Ronny Dlamini of Zakhele, and Nompumelelo Thabile Ginindza who was dismissed from work after a disciplinary hearing.
The three were arrested by a joint team consisting of members of the Royal Swaziland police and officers from the Anti - Corruption Commission (ACC).
The other three were arrested in South Africa and details of their arrests were scanty at the time of compiling this report.


Meanwhile, charges against Krejcir piled up on Thursday when he was charged alongside three other people for alleged involvement in a money-laundering scheme that defrauded the CBS of almost R7.6 million.
This was after an investigation started in 2013 by the SAPS peaked when prominent Gauteng businessmen Nico Oosthuizen, Mahendren Munsamy and a third man, Keith Bain, handed themselves over to the police.
Krejcir now faces charges for alleged involvement in a money-laundering scheme.  The trio appeared alongside Krejcir in the Johannesburg Magistrates Court on Thursday.


An affidavit submitted to the court by lead investigator Colonel Cohen Oock, said the group and the employees at the CBS issued fraudulent international transactions to Absa and the South African Reserve Bank (SARB).
“The money was then laundered through various entities and persons, and unlawfully and intentionally appropriated,” Oock said.
Sources close to the case explained that Krejcir had been implicated because money laundered through the scam had been used to buy Krejcir’s yacht, which was later seized by the South African Revenue Service (Sars) as part of a preservation order against the Czech’s assets.

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