R30 million KZN Coastal TVET College fraud suspects granted bail
Five people, including the Chief Financial Officer of the KZN Coastal TVET College, have been granted bail in Durban.
They are accused of money laundering and corruption. CFO Zaitun Shaik, businessman Shaaraq Ansari, attorney Asgar Ally Khan and his wife Sharlene Bechoo allegedly misappropriated some R30 million in college funds.
The alleged crimes were committed between November 2018 and October 2019.
READ: COVID-19: Locally produced ventilators expected soon
The NPA's Natasha Kara says Shaik was released on R20 000 bail. Ansari and Khan received bail of R50 000 and Bechoo R25 000.
"The accused were released on bail and the matter was postponed to the 29th of October", she said.
