FNB, Investec exposed to R6.3m scam

First National Bank was allegedly used by former administrators to steal more than R6.3-million from another major financial institution, Investec, in what the state called “a syndicated manner”. 

These allegations are contained in the charge sheet against Noluthando Skhosana and Serati Leopeng, who are also accused of illegally accessing nine FNB accounts valued at R16.9-million. 

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Khaya Koko
Khaya Koko is a journalist with a penchant for reading through legal documents braving the ravages of cold court benches to expose the crooked. He writes about social justice and human-interest stories. Most importantly, he is a card-carrying member of the Mighty Orlando Pirates.

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