Bank information technology engineers charged for fraud and theft

On Monday Nombongo Quma (34), Xitsundzuxo Loveness Mnisi (32), and Njanulo Andrew Ngwenyama (32) appeared before the Palm Ridge Specialised Commercial Crimes Court for fraud, theft and money laundering.

It is alleged that during June 2020, two information technology junior engineers, Quma and Ngwenyama from Absa Bank conspired, created unauthorised beneficiary accounts and generated a fictitious payment instruction from which about R4 million was transferred to an entity owned by Mnisi. The funds were then misappropriated for self-enrichment.

The Hawks’ Serious Commercial Crime Investigation led to the arrest of the pair on 29 August 2022. They appeared in Court on the same day and were consequently granted R5 000 bail each. The case was postponed to Tuesday, 04 October 2022, for disclosure whilst more arrests are pending

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