News Formal

Former Finance and Administration Manager Sentenced for Theft

  • 📰 TheSAnews
  • ⏱ Reading Time:
  • 31 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 47%
  • Publisher: 59%

Crime News

Finance,Administration,Manager

The former Finance and Administration Manager of The Pretoria Specialised Commercial Crimes Court has been sentenced for theft. Lizette Steyn, aged 56, faced 85 counts of theft after making payments of over R16 million for the company into her personal bank accounts.

Former Finance and Administration Manager ofThe Pretoria Specialised Commercial Crimes Court sentenced the 56-year-old on Friday, 5 April.According to the National Prosecuting Authority , Lizette Steyn faced 85 counts of theft.

NPA spokesperson in Gauteng Lumka Mahanjana said during her employment, Steyn would change the details of one of the AgriCAD ABSA bank accounts and replace it with her six different personal Capitec accounts. In August 2023, Hildegard Steenkamp was found guilty of stealing R537 million from her former employer Medtronic for over 13 years. Image: X.Mahanjana said Steyn was arrested on 18 July 2023 and had been in custody since.

“However, the prosecutor, advocate Rachelle van der Walt, argued that as much as the 56-year-old was a first-time offender, her offences were committed over three years.

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:

 /  🏆 25. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Former acting municipal manager summoned to court on charges of contravention of Municipal Finance Management ActSouth Africa Today, News source, provides breaking news on South Africa, world, Africa, sport, travel and more.
Source: SATodayNews - 🏆 44. / 51 Read more »

Catalytic Climate Finance Facility opens call for applications of market-ready blended climate finance solutionsSouth Africa Today, News source, provides breaking news on South Africa, world, Africa, sport, travel and more.
Source: SATodayNews - 🏆 44. / 51 Read more »

Nedbank CIB leads the way in sustainable finance in AfricaHas been recognised for its excellence and innovation in sustainable finance by Global Finance, a respected and prestigious international finance magazine.
Source: Moneyweb - 🏆 5. / 77 Read more »