Hawks arrest 'high-flyers' over fraud

2011-03-01 15:21

Johannesburg - The Hawks on Tuesday arrested four people for alleged misappropriation of funds from the Land Bank.

The four, who are described as "high-flying", were arrested following an investigation by the unit, said spokesperson McIntosh Polela.

The four, who include a former Land Bank CEO and a former housing MEC in Limpopo, were implicated in an investigation relating to a sum of R14m that was transferred from the AgriBEE fund to a firm of attorneys.

Polela said the Hawks would present evidence that this money was used to buy houses and cars instead of the intended purpose of funding struggling small, medium and micro enterprises.

Two of the accused were arrested in Polokwane, another in Bella Bella and the fourth handed himself in at the Brooklyn police station in Pretoria.

They will appear in the Commercial Crimes Court in Pretoria on Wednesday in connection with charges relating to fraud, theft and money laundering.

  • DeonL - 2011-03-01 15:32

    Well done!

      clark - 2011-06-02 15:14

      - Three things ; They must face the full weight of the law and sentenced appropriately, They must repay their ill - gotten gains, The hawks must now go for the big fish, like Zuma.

  • Charl Marais - 2011-03-01 15:34

    May they get all the punishment they deserve

  • womper - 2011-03-01 15:38

    At this rate we will have no bank officials or politicians.Cant wait

  • Don - 2011-03-01 15:38

    Oh my, what a surprise...

  • Monica - 2011-03-01 15:45

    Great job! Now go for the rest!!!!!

  • LC - 2011-03-01 15:45

    This is not news, it's common practice, that,s why BEE was created.

  • Brad Lee - 2011-03-01 15:49

    This is a great start. The Landbank used to be the cornerstone of Agriculture. Its function was to support farmers by providing low-interest loans for farms, and support growth with production loans etc. and to advise farmers in this regard. This is VITAL, as we need food security, and hence farmers need preferrential interest rates, to aid in their success. In the NEW South Africa, with many previously disadvantaged farmers wanting to emerge into agriculture, these functions are all the more important. At this stage, most commercial farmers have abandoned the Land Bank in favour of commercial banks, for many reasons 1) There is too much red-tape involved in dealing with LB, 2) If you are a white farmer, they show no interest in doing business with you, 3) their rates are no longer the best 4) The people in charge, to a large extent, no longer understand farming and are trying to run it as a commercial bank. This needs to change or the price of food will simply escalate, and we will increase our food imports, which no-one needs or wants.

  • very nice - 2011-03-01 15:51

    Well done - now give us their names please...

  • pinky - 2011-03-01 15:51

    they will be out in ten minutes if not out already...

  • Grant - 2011-03-01 15:54

    Thats excellent work done, they must pay for their evil.

  • thembile - 2011-03-01 15:54

    this is beautiful. greedy fat cats...

  • Dick - 2011-03-01 15:57

    Don't you just love it when justice seems to take its course...but don't hold your breathe, these are politically connected cadre's...

  • Shaun - 2011-03-01 16:00

    4 down 1 million to go........

  • Landman - 2011-03-01 16:04

    BEE...Some people seem to think it means Black Economic Embezzlement??

  • NTM - 2011-03-01 16:04

    Well done Hawks, let's hope this is not the beginning of Hawks demise like it haooened with the predecessor Scorpions

  • barrywhite - 2011-03-01 16:07

    they'll be out sooner than they went in.

  • j c els - 2011-03-01 16:07

    Action by the Hawks is a bit late.The cars have been sold a long time agoand perhaps no money to recover.Jan.

  • sentor - 2011-03-01 16:09

    well said womper...arrest all the corrupt cadres...problem solved.

  • sanele - 2011-03-01 16:10

    Excellent work done by the police, we should commend the police for their job. The Hawks should not leave any stone unturned in a fight against crime

  • crazycow - 2011-03-01 16:12

    That explains why the staff are so anti assisting with applications for support...the money was already allocated to the ones who should be allocating.

  • Masilo - 2011-03-01 16:12

    What is wrong with this Nation i thought all off us endeavor to live so that when we die even the undertaker will be sorry. This guys must get a punishment that will make them to feel sorry for what they have done.

  • John Bradfield - 2011-03-01 16:14

    It's way to early to start celebrating. First there will be a long drawn out court case, during which time the alleged perpetrators will be suspended and on full pay. These people may be politically connected. In which case, even if the are found guilty and are convicted, they will be out on parole before too long. That's the New Justice system in the New South Africa.

  • Mart - 2011-03-01 16:15

    It saddens me that although these alleged thieves,and therefore scum of the earth have been arrested, actual justice for the State of South Africa will be a long time in coming, if at all. Through connections, and I am positive they have plenty of those, and the incompetence of our courts this case will carry on for years and cost us the tax payer many more millions. Wonder what their ancestors think of them now !

  • Anne - 2011-03-01 16:16

    Great news! Look forward to a successful court conviction.

  • BOERTJIE - 2011-03-01 16:18

    Good! Let them rot, dishonesty never paid.

  • reader4444 - 2011-03-01 16:22

    A little late in the day but still a good move. Round up their hangers-on, family members etc and put the screws on the whole bang-shoot of them to repay the money. Strip them bare -- they way they plundered the Land Bank. And that goes for all the other cadres who have done likewise

  • bheki - 2011-03-01 16:26

    The moment we have been waiting for has arrived. Keep it up

  • Lilian - 2011-03-01 16:28

    I can smell redeployment coming!

  • Farouk - 2011-03-01 16:35

    good but you think they will get prosecuted, or will they get a handshake.

  • derkus - 2011-03-01 16:39

    come 2015 this case will still be draging on

  • tjovitjo - 2011-03-01 16:41

    I hope we dont hear stuff like lack of evidence we had to let them go these cadres are only concerned with their own prosperity

  • Ashamed - 2011-03-01 16:47

    these people are not ruining only white people, they ruin blacks too, its all coming down to greediness, they should empower those farmers who are still learning instead, they hide all the information. I'm disgusted I hope they arrest more of these moegoes

  • Sad - 2011-03-01 16:52

    Good riddance, went for a job interview there and the pathetic management was eating during my interview and I walked out. Now I am working for a company that respects employees and will not go back there- Good, that money was meant for agriculture and not soccer teams and 4/4's

  • Louise - 2011-03-01 16:53

    Names will appear when they appear in court tomorrow. Just like Arthur Brown - steal from those you're meant to help. Watch them hire fat lawyers to get them off - no wonder Land Bank loans are so expensive - have to keep afloat with all the theft going on.

  • 100% clean - 2011-03-01 17:44

    let them rot....greedy agents

  • Conrad - 2011-03-01 17:53

    Is Bella Bella close to Bela-Bela?

  • Dixie - 2011-03-01 18:07

    Must be ANC members - it's OK to steal, whether you get caught or not. Nothing will happen to these dogs - their cronies will bail them out.

  • Ben - 2011-03-01 18:10

    Well done - but wait - let us see whether this will conclude in a conviction. In this country we hear of many arrests, but few convictions. This is a test case for the Hawks who have up to now focussed mainly on syndicates that peddle drugs.

  • Alan - 2011-03-01 19:51

    This should have been wrapped up three years ago after the forensic audit and Farmers Weekly went public. Everything for a successful prosecution was in place. Why the delay???

  • Investor - 2011-03-01 22:48

    china has little corruption resulting in 10% growth and millions of new jobs, why ? - corruption is not tolerated and results in long jail terms, or even a death sentence. Stop corruption in its tracks - prosecute and make examples of thieves and stop letting officials hide behind the excuse of incompetence or lack of training - it is stealing in any language.

  • John - 2011-03-02 08:21

    This is small compared to the Alan Makoki debarcle. Why has he never even faced censure on his misdeeds. Seems like selective prosecution to me.

  • Land Bank Investi - 2011-03-02 08:36

    I investigated this matter and finaly got wrapped up, a long process but well worth it....

  • Atholl - 2011-03-02 09:50

    After the crime - after the investigation - after gathering evidence - after the arrest .... A prosecutor STILL has to overcome the defunct and deficient Criminal Justice System. A System that is a Threat to the Constitution, the Bill of Rights & the Public. See examples of the threat here: [ RESPONDSA.CO.ZA ]

  • wanda - 2011-03-02 11:26

    Maybe the gov should spend more time and money on projects explaining that BEE doesn't actually stand for Blêk En Espeshullyverymuchgreeedy

  • Bully - 2011-03-02 12:25

    Well done to the investigators. Lets hope justice prevails to the very end, including up to the point where they apply for leave from prison for medical reasons. I'm trying to get hold of public perception surveys done (if any exist) on government and corruption in government. This is for my Masters Thesis. Anyone have an ideas where I can get these from (besides the comments section on news 24) which are too many to count.

  • Oupahen - 2011-03-02 12:35

    They might be sentenced but if they are they will plead sickness and go and play golf

  • Arch - 2011-03-02 13:06

    Exactly Don, WHAT A SURPRISE????? This is just a drop in the Ocean for these ANC Fatcats.

  • LULU - 2011-03-02 14:27

    It's too late..They wasted money that could have been given to the poor..!! They won't go to jail in any case!! We can all complain about this corrpution until we turn blue in the face, but it won't end..Everything the government touches, gets ruined..

  • pages:
  • 1