The court found Ntapeleng David Serame (45) guilty of defrauding the Mangaung Metro Municipality and the South African Revenue Service (SARS) of millions. Sentencing has been set for 11 April. According to Singo, Serame defrauded the municipality through close corporation in the procurement of goods for the municipality. The municipality paid R9 million into the bank accounts of the convict’s entities, namely Iceberg Trading 542 cc, Snowline Trading 582 cc, Ka Rona Trading 536 cc, Seventh Avenue Trading 560 cc and Senthati Trading cc. Upon conclusion of an in-depth investigation, Serame was served a summons on 26 June 2014.

Source: News 24 January 26, 2022 04:02 UTC