Author: The Bulrushes
Cryptocurrency dealers 57-year-old Zain Muhammed Valle and 25-year-old Michelle Bianca Bezuidenhout appeared in the Lenasia Regional Court Wednesday on fraud and money laundering charges involving R34 million. The pair were arrested yesterday by the Hawks’ Serious Commercial Crime Investigation team in Johannesburg. Valle and Bezuidenhout were arrested at their respective residences in Lenasia and Alberton, in Johannesburg. “Their arrest emanated from the alleged cryptocurrency establishment scam where the complainant was lured to invest in Siyakhula Logistics Pty (LTD) in February 2020, with potential lucrative dividends,” said Captain Ndivhuwo Mulamu. “The complainant allegedly transferred approximately R34 million into the establishment and…
The Congress of the People (COPE) on Monday said it has reported former director general of State Security Agency (SSA), Arthur Fraser, to the police in Pretoria for alleged crimes – including graft. Dennis Bloem, COPE national spokesperson, said the party’s action was prompted by allegations contained in the report of the Judicial Commission of Inquiry into Allegations of State Capture (Zondo Commission). He said the allegations were “very serious” and COPE can not wait for four months – the period President Cyril Ramaphosa will need to make his recommendatios to Parliament. Speaking to reporters outside the Broklyn Police Station…
The Special Investigating Unit (SIU) on Monday said it has obtained a preservation order to freeze a luxury property owned by Vhuthanda Investment, whose sole director is Prof. Alfred Nevhutanda. “The property was allegedly bought for approximately R27 million with money from National Lotteries Commission,” said the SIU. The SIU said its probe revealed that the property was funded by NPOs with the money they have received, under the auspices of grant funding, from National Lotteries Commission. At the time of the purchase, Prof. Nevhuthanda was chairperson of the NLC board. Five NPOs applied for grant funding at NLC and…
There aren’t a lot of companies that would risk letting their staff speak to the media about their work and how things can be made better to attract bright young people. The Bulrushes was pleasantly surprised this week when special risks insurance provider – iTOO Special Risk – did just that. The online publication was allowed to speak to a diverse group of iTOO staffers about “making insurance attractive to the youth”. It seemed an apt topic to discuss considering it was the month of the youth, besides the staffers were mostly young. They were quick to mention that iTOO was…
South Africa on Thursday said medical experts had confirmed the country’s first case of Monkeypox. Health Minister Joe Phaahla said the patient is a 30-year-old man from Johannesburg “with no travel history “ The outbreak was confirmed after laboratory tests. He said contact tracing had begun. Monkeypox spreads from one person to another through direct contact with infected bodily fluids, lesions or scabs on the skin. On Friday, 17 June 2022, WHO said since the begining of the year, cases of monkeypox have been reported from 42 Member States across five regions of the Americas, Africa, Europe, Eastern Mediterranean, and…
The Road Traffic Infringement Agency (RTIA) on Wednesday announced that it has fired CFO Palesa Moalusi, after a forensic investigation uncovered financial irregularities. “The dismissal is on the basis of several financial irregularities regarding the improper extension of service contracts with various third-party suppliers,” said the RTIA. “The charges also entail the incorrect reporting of the company’s performance during the 2017/2018 financial year.” The RTIA said an “extensive investigation” into allegations of misconduct has led to the summary dismissal of Moalusi, the agency’s CFO. “The dismissal is as a result of the findings of guilt against various charges of misconduct…
Eskom on Wednesday extended load-shedding Stage 2 to begin from 10 in the morning until midnight. The power utility announcement that load-shedding “will regretfully be implemented between 10:00 and midnight tonight”. Eskom added: “From Thursday until Sunday Stage 2 load-shedding will be implemented from 05:00 until midnight”. The power utility said a generation unit at the Kendal and another at Matimba, as well as two units at the Matla Power Station broke down Wednesday morning. “This reduced generation capacity by 2 400MW, adding to the ongoing capacity constraints,” said Eskom. There has been a delay in returning to service a…
A female Home Affairs official accused of unlawfully issuing an SA passport to “Lebohang from Bangladesh” has been arrested and will appear at the Benoni Magistrate Court on Tuesday. The official, based at the Home Affairs office in Benoni, was arrested on Monday by the Department of Home Affairs Counter Corruption Branch, working with the Hawks and other law enforcement agencies. “The official is on suspension and her disciplinary hearing is scheduled to take place this week,” said Siya Qoza, spokesperson for the Minister of Home Affairs. “If she is denied bail, the Home Affairs Department will arrange with the…
The much-anticipated release and handover of the final report of the Judicial Commission of Inquiry into allegations of state capture, corruption, and fraud in the public sector, including organs of state, has been again delayed. The overdue final volumes of the report were to have been sent electronically to President Cyril Ramaphosa on Sunday and handed over officially today. However, on Monday afternoon Professor Itumeleng Mosala, the Secretary of the Commission said the report had again been delayed. “The Commission would like to inform the public that due to challenges in processing Part V and VI of the Report on…
South Africa’s Department of Home Affairs has moved to clarify that the patrolling of the border along the Limpopo River remains the responsibility of statutory law enforcement agencies. Responding to reports that AfriForum has formed a border control unit – complete with sniffer dogs – to stop Zimbabweans entering the country illegally, the department said it “wishes to clarify the misconception created about the patrolling of the border, in particular along the Limpopo River”. The department said it has become aware of a video circulating on social media and other news platforms that AfriForum has taken over the responsibility of…