Three men accused of defrauding a bursary scheme for university students in South Africa have been granted bail.
The trio were arrested less than a month ago on allegations of funnelling more than 16m rand ($863,000, £693,000) from the finance company KPMG to private bank accounts.
The Palm Ridge Magistrate’s court in Johannesburg set bail at 50,000 rand each.
Fidelis Moema, Lebogang Sigubundu and Trevor Machimana are alleged to have worked together between October 2019 and 2022.
All three are reported to be intending to plead not guilty though they have yet to enter a formal plea.
A brief look at Mr Moema’s professional history shows the 32-year-old worked in human resources at Ford Motors and as a brand ambassador for several businesses including the retail chain Woolworths.
![](https://www.myjoyonline.com/wp-content/uploads/2024/04/image-490.png)
Mr Moema was reported to police following disciplinary proceedings at KPMG.
The case is due to continue on 24 May when state prosecutors say more witnesses may be presented.
Evidence so far about the suspected fraud has come from Mr Moema’s ex-girlfriends, according to National Prosecuting Authority spokesperson Phindi Mjonondwane.
"The number of people we are looking at might increase. We prefer to wait for the right moment. When we are at the stage to disclose our docket, we will be able to tell how many people have been added to the case."
Latest Stories
-
Paris 2024: Opening ceremony showcases grandiose celebration of French culture and diversity
3 hours -
How decline of Indian vultures led to 500,000 human deaths
3 hours -
Paris 2024: Ghana rocks ‘fabulous fugu’ at olympics opening ceremony
4 hours -
Trust Hospital faces financial strain with rising debt levels – Auditor-General’s report
4 hours -
Electrochem lease: Allocate portions of land to Songor people – Resident demand
5 hours -
82 widows receive financial aid from Chayil Foundation
5 hours -
The silent struggles: Female journalists grapple with Ghana’s high cost of living
5 hours -
BoG yet to make any payment to Service Ghana Auto Group
5 hours -
‘Crushed Young’: The Multimedia Group, JL Properties surprise accident victim’s family with fully-furnished apartment
5 hours -
Asante Kotoko needs structure that would outlive any administration – Opoku Nti
6 hours -
JoyNews exposé on Customs officials demanding bribes airs on July 29
6 hours -
JoyNews Impact Maker Awardee ships first consignment of honey from Kwahu Afram Plains
7 hours -
Joint committee under fire over report on salt mining lease granted Electrochem
8 hours -
Life Lounge with Edem Knight-Tay: Don’t be beaten the third time
8 hours -
Pro-NPP group launched to help ‘Break the 8’
8 hours