MTN employee accused of fraud and theft totaling R24 million
The Directorate for Priority Crime Investigation, known as The Hawks, has arrested an MTN accountant on allegations of embezzlement.
According to IOL, the accountant appeared in the Johannesburg Specialised Commercial Crimes Court on Thursday and will remain in custody until her bail application on 19 April.
She is accused of transferring R24 million from MTN’s bank account to her account between 16 July 2015 and 4 April 2017. IOL reported that the accountant had worked for MTN for 13 years.
“We are working with law enforcement authorities and [our] banking partners to recover the stolen funds,” said MTN.
“MTN, like many corporates, contends with incidents of fraud and maladministration from unscrupulous employees, service providers, and fraudsters,” it said.
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