A former PetroSA manager has been arrested on fraud, theft and money laundering charges, South Africa’s Directorate for Priority Crime Investigation (the Hawks) said on Tuesday.
Matshidso Eunice Mogashoa, 61, is alleged to have defrauded the state-owned petroleum firm of more than R60 million. The Hawks said Mogashoa appeared in the Bellville Specialised Commercial Crimes Court on Thursday last week on the same day that she was arrested by the Serious Anti-Corruption Unit. She was released on R5 000 bail.
The former Corporate Social Investment manager at the parastatal’s head office in Parow allegedly committed the fraud over a four-year period between 2007 and 2011.
Hawks spokesperson Captain Lloyd Ramovha said on Tuesday that she allegedly processed multiple payments to disadvantaged schools in and around the Eastern Cape of more than R500 000 per transaction, which was beyond her level of authority.
“Mogashoa reportedly processed more than R60 million worth of these payments, and she would then apparently phone the school principals to pay back a portion of the funds into her personal account, alleging overpayment,” Ramovha said.
The case was postponed until October 25.