Family business bust for swindling University of Fort Hare out of R14m

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Three family members are facing fraud charges for allegedly cheating Fort Hare University in the Eastern Cape out of R13.9m.

Yolisa Qusheka-Songca, 43, Walter Qusheka, 49, and Vuyokazi Rejoice Qusheka, 35, appeared in the East London magistrate's court on Friday.

Hawks spokesperson Capt Yolisa Mgolodela said Qusheka-Songca is the sole signatory of Qush Cleaning and Garden Services, which was awarded a cleaning contract at the university in 2013.She said the university paid Qush R750,000 monthly for “specified” cleaning services. The company claimed separately for additional services.

“Between August 12 2016 and March 26 2018, the company is alleged to have submitted quotations and invoices to the university for such additional services. The additional services were allegedly either procured in a fraudulent manner or never rendered at all. “Quotations submitted are reported to have been duly approved by an employee at the university. The company is reported to have been paid more than R13.9m for additional services.

“It is further alleged that during the said period more than R4.1m was paid by the company to bank accounts designated by an employee at Fort Hare,” said Mgolodela.The case was remanded to April 14.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hawks bust passport syndicate - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Department of Home Affairs says a Pakistani Kingpin, allegedly behind the syndicate falsifying passport documents, has been arrested in a late-night sting operation. South Africans we are Only Exposing Our Country Ourselves. Because our Our people in HOME AFFAIRS and POLICE or Law Inforcement Agencies are involved in this Crimes. It is Realy Disappointing
Source: SABCNews - 🏆 37. / 51 Read more »

Survey reveals Ukraine war has knocked German business confidenceFuest said in a statement that the business climate in the flagship manufacturing industries had never declined so sharply, with 'optimism giving way to clear pessimism' in the business outlook as well. I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Leticia_thomas5 on Twitter She guides me through and i made a return of R155,000 after a week of trading, connect with her
Source: ewnupdates - 🏆 30. / 53 Read more »