MTN accountant nabbed for R24 million fraud

MTN accountant nabbed for R24 million fraud

An MTN financial accountant has been arrested by the Hawks for fraud amounting to almost R24 million.

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According to the Hawks, the incident took place at the cellphone company's headquarters in Fairlands, Johannesburg.

"It is alleged that the suspect fraudulently transferred money from an MTN bank account into her personal bank account for the period between 16 July 2015 and 04 April 2017."

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The Hawks says the bank contacted the company's management about suspicious transactions where after the 42-year-old suspect was arrested following an investigation.

"Further investigations revealed that the account number belonged to the financial accountant," the Hawks says.

The suspect will appear in the Johannesburg Specialised Commercial Crimes Court on Thursday facing charges of fraud and theft.

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