Cape Town businessman found guilty of theft and perjury gets bail

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Cape Town businessman found guilty of theft and perjury gets bail
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Convicted Cape Town businessman Ridwan Rajah has been granted bail of R10 000 by the Western Cape High Court:

Convicted Cape Town businessman Ridwan Rajah has been granted bail of R10 000 by the Western Cape High Court.Rajah was convicted on charges of theft and perjury by the Cape Town High Court on 24 April after it was found that a subcontractor was never paid during a tender awarded by the Regional Bid Adjudication Committee of the Department of Public Works .

Advocate William King, senior counsel for the family, argued that the court needs to explain the actual amount that Rajah stole, and added that he was a model citizen as he attended the case hearing for more than two and a half years of the trial. While Good Hope Construction subcontracted, a company by the name of Winlite Aluminium Windows and Doors were to provide aluminium curtain walls for the project worth approximately R519 000.

The Department of Public Works made a payment of R718 867.29 to Good Hope Construction. This amount included an advance payment of R455 296.30 excluding VAT.

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