Accused believed to have channeled payments into the accounts of ghost recipients for a period of over a year
Accused believed to have channelled payments into the accounts of ghost recipients for a period of over a year.Millions allocated for society’s most vulnerable were allegedly siphoned off by a Gauteng post office manager.
The 54-year-old South African Post Office employee appeared in the Pretoria Specialised Commercial Crimes Court on Thursday on at least 80 counts of theft and fraud. Sepheka Stephen Masooa is accused of channelling roughly R2.2 million from the South African Social Security Agency payments system, through the post office and into the accounts of ghost recipients.in 2020 with a case only being opened against him in 2022. An investigation by the Hawks resulted in his arrest on Wednesday, 12 June.
“Fictitious accounting entries were made on the Webripost system reflecting payments to beneficiaries. The internal audit uncovered that such payments were inflated and could not be substantiated by valid documentation or supportive recipients bio-files,” explainedtransactions either very early in the morning or in the evenings – times outside of the Post Office’s standard operating hours.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Post-election SASSA grants to go ahead in June 2024The Minister of Social Development has released payment dates for post-election SASSA grants, in line with the Social Assistance Act ...
Read more »
Bad news for courier companies as SA Post Office exclusivity on small packages extendedSouth Africa’s communications minister has extended the Post Office’s exclusivity over small parcel deliveries, which can be a headache for courier companies.
Read more »
State extends Post Office monopoly that's already widely ignoredThe embattled Post Office has been granted an extension to a monopoly that it appears powerless to enforce.
Read more »
Post Office debacle shows ANC is out of ideasThe mismanagement of the Post Office shows that the ANC is bereft of ideas and is tired of governing South Africa.
Read more »
Minister extends Post Office exclusivity period for small packagesThe Post Office wants the small parcel market all to itself, but the courier industry is ready to fight this and save 20 000 jobs.
Read more »
Retrenched Post Office workers get severance payoutThe first tranche of severance packages for retrenched employees of the state-owned entity is being paid on Friday.
Read more »