After receiving the funds, Thokozani Mchunu transferred portions of the money into other bank accounts in his name, various stokvel accounts and numerous bank accounts of other people.
The Asset Forfeiture Unit has frozen the bank accounts of a man suspected of defrauding the Unemployment Insurance Fund of almost R700 000.
“It is alleged that an amount of R692 185.55 was fraudulently, or mistakenly, paid into a bank account in Durban, KwaZulu-Natal, which is registered in Mchunu’s name,” Ngwema said. These relief funds were to be paid over to more than 150 people. However, on 12 June the UIF was alerted by the company that the funds had not reflected in their bank account.
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