The net appears to be closing on a Pretoria factory worker whose bank account ballooned from R12 into the millions after a botched UIF payment and who quickly distributed the cash to his family.
Phohole’s immediate family are now under investigation by the Hawks and the Financial Intelligence Centre as investigators delve into a web of transactions they allege were dubious.A TimesLIVE investigation has revealed that on May 18, four days after the UIF paid Phohole and he moved the money to his family, the Masokos purchased the car from VNS Motors.VNS Motors' Suman Naidu
“He was very interested in the car and he said he wanted it as a birthday gift for his son. They came in and had a look and they were happy,” he said. “They signed all the paperwork here and he [Tebogo Masoko] transferred the money from his company’s account into ours. The next thing we had the Hawks show up here,” he said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WATCH | Tshwane family goes car shopping after botched R5.7m UIF payoutThe net appears to be closing on a Pretoria factory worker whose bank account ballooned from R12 into the millions after a botched UIF payment and who quickly distributed the cash to his family.
Read more »
WATCH: Tshwane family goes car shopping after botched R5.7m UIF payout meant for 1,400 workersA 25-year-old Pretoria warehouse worker allegedly blew through some of the R5.7m in Covid-19 relief funds irregularly paid into his personal bank account by the Unemployment Insurance Fund (UIF).
Read more »
Family goes car shopping with R5.7m UIF cash meant for 1,400 workersTshwane clan also allegedly splurged on tombstones as they played a ‘money-cup game’ to launder the cash
Read more »
WATCH: EFF demands ‘payment holiday’ for Tshwane CBD flat dwellersThe EFF targeted City Property in the CBD, Huurkor in Sunnyside, Ronmark and Mid City among others, calling a halt to rental increases for the next 12 months.
Read more »
WATCH: The commodities to watch in the second half of 2020Nedbank CIB’s Arnold Van Graan talks to Business Day TV about the commodities market
Read more »
WATCH: The commodities to watch in the second half of 2020Nedbank CIB’s Arnold Van Graan talks to Business Day TV about the commodities market
Read more »