Prosecutors detail how MTN junior accountant allegedly stole R53 million

[Jan]

MTN junior accountant allegedly stole R53 million in 90 illegal transactions

An accountant who allegedly stole R53 million from MTN did so through 90 illegal transactions between December 2010 and April 2017, court papers revealed on Thursday.

Sowetan Live reports that state prosecutors revealed further details of how the former MTN junior accountant allegedly pilfered R7.6 million a year from the mobile operator.

 

[My_King]

Jitte nice, 7 years

 

[FantaFest]

Nothing from SARS?

 

[Pak Fa Fui]

Who did she report to, should they not be liable for not checking up and approving such transactions

 

[Jake45]

Not to worry! A small price increase will recover the loss and a bit extra to cover any future employee 'transactions'.

 

[Pak Fa Fui]

She was Ruthless

 

[requiem]

How the actual **** can you not notice a deficit of 53 million over 7 years.

Incompetent or complicit management

 

[lordnokon]

I wonder what will be her fate for doing this??

 

[skimread]

Paid herself R53 million into her own bank account since 2010 but dresses like she is poor. ANC do exactly the same. Steal but claim they live in poverty. Would be really curious what she spent the money on. Maybe her husband is living like a king

 

[skimread]

Puts her linkedin into perspective

https://www.linkedin.com/in/ruth-moshabane-b9983258

• Financial Accounting
  • • Endorsed by 2 colleagues at MTN
      https://www.linkedin.com/in/ruth-moshabane-b9983258/details/skills/urn:li:fsd_skillACoAAAw5pyUBey4M8s3rI0BCM78uhQsES9kiK2w,4)/endorsers?profileUrn=urn:li:fsd_profile:ACoAAAw5pyUBey4M8s3rI0BCM78uhQsES9kiK2w&tabIndex=0&modalTabIndex=0&detailScreenTabIndex=0
• Business Analysis
  • • Endorsed by 3 colleagues at MTN
      https://www.linkedin.com/in/ruth-moshabane-b9983258/details/skills/urn:li:fsd_skillACoAAAw5pyUBey4M8s3rI0BCM78uhQsES9kiK2w,8)/endorsers?profileUrn=urn:li:fsd_profile:ACoAAAw5pyUBey4M8s3rI0BCM78uhQsES9kiK2w&tabIndex=0&modalTabIndex=0&detailScreenTabIndex=0
• Management
  • • Endorsed by 3 colleagues at MTN
    
    https://www.linkedin.com/in/ruth-moshabane-b9983258/details/skills/urn:li:fsd_skillACoAAAw5pyUBey4M8s3rI0BCM78uhQsES9kiK2w,10)/endorsers?profileUrn=urn:li:fsd_profile:ACoAAAw5pyUBey4M8s3rI0BCM78uhQsES9kiK2w&tabIndex=0&modalTabIndex=0&detailScreenTabIndex=0
• Business Strategy
  • • 3 endorsements
• Team Management
  • • 3 endorsements
• Project Management
  • • 3 endorsements
• Telecommunications
  • • 2 endorsements
• Revenue Assurance
  • • 2 endorsement
• Financial Reporting
  • • 2 endorsements
• Accounting
  • • 2 endorsements
• Team Leadership
  • • 2 endorsements
• Billing Systems
  • • 1 endorsement
• VAS
  • • 1 endorsement1 endorsement
• Internal Controls
  • 1 endorsement1 endorsement
• Invoicing
  1 endorsement

Endorsements for Invoicing, Internal Controls. That is funny



Working for herself. She did that for sure.

 

[xtm]

Just can't believe this.

 

[Magnum]

I wonder what will be her fate for doing this??

Parliament post...

 

[epah]

MTN has been stealing airtime from us for years. Girl should've stolen more from the scum.

 

[Pak Fa Fui]

R200 000 bail, she spending it wisely

 

[skimread]

Another thing with if you are rich. You have been eating so well your whole life you can suddenly not eat prison food and you can pay doctors to diagnose you with conditions that are chronic.

R52m fraud accused 'can't eat prison food'

Ruth Moshabane, the woman accused of defrauding MTN of R52-million, has anaemia and cannot eat prison food, the Johannesburg Commercial Crimes Court heard yesterday. Moshabane's counsel, Piet du Plessis, told the court during her bail application she had a chronic condition for which she was...

www.timeslive.co.za

Ruth Moshabane, the woman accused of defrauding MTN of R52-million, has anaemia and cannot eat prison food, the Johannesburg Commercial Crimes Court heard yesterday.

Moshabane's counsel, Piet du Plessis, told the court during her bail application she had a chronic condition for which she was hospitalised last year. "I am on a diet and prison food does not cater for my condition," her affidavit reads.

The state objected, arguing she had not disclosed her assets.

Sowetan reported Moshabane had held directorship positions at 14 companies but resigned from four.

She also owns three properties with a total value of R1.7-million, a Jeep Grand Cherokee and a Toyota Hilux Raider.

Magistrate Jerry van Vuuren later granted Moshabane R200,000 bail.

Director of 14 companies. Sounds like she planned to launder it through companies so SARS would not pick up the income.

 

[Ragnarök]

Who did she report to, should they not be liable for not checking up and approving such transactions

They took the billions , she is the bottom feeder

 

[Pak Fa Fui]

They took the billions , she is the bottom feeder

Her LinkedIn shows she was a junior accountant for 14 years, maybe she wanted to show off her skills

 

[Skerminkel]

Puts her linkedin into perspective
...

Endorsements for Invoicing, Internal Controls. That is funny
....

Endorsed by people who cannot use capital letters properly:

 

[skimread]

Endorsed by people who cannot use capital letters properly:
View attachment 1379401

They should get rid of that finance supervisor as well for not picking up the fraud.

 

[Polymathic]

It took MTN 7 years to figure this out?
FFS talk about incompetent