A specialist engineer, Xolela Masebeni, and his girlfriend, Athembile Mpani, have been granted bail in the Palm Ridge Specialised Commercial Crimes Court.
The couple were released on bail on Wednesday. They have been charged with allegedly defrauding Absa bank of more than R100 million within the space of three months.
Spokesperson for the National Prosecuting Authority Phindi Mjonondwane said Masebeni, 30, and Mpani, 20, are facing charges of theft, fraud and money laundering.
The charges emanate from allegations that Masebeni siphoned R103m from his employer, Absa bank, between September and December 2021, and transferred it into six accounts, including that of his co-accused and girlfriend, Mpani.
The alleged fraudulent transactions were uncovered by Absa’s forensic division and they reported the matter to the law-enforcement authorities.
Through their investigation, they alleged…