GEORGE NEWS - The special investigation unit of the police, the Hawks is conducting a high level investigation against a local business, after allegations of Broad-Based Black Business Economic Empowerment fraud to the value of more than R400-million was levelled against the company by a former employee.
The police confirmed that a case was opened and is being investigated. "The charges are Contravention of the Broad Based Black Business Economic Empowerment Act and Fraud."
"The owner and member of the company under investigation allegedly appointed the complainant as a 50 % partner and member of the closed corporation. Several tenders were awarded to the CC to supply and maintain vehicles to various municipalities based on the BBBBEE compliance of the CC. The complainant allegedly did not have insight into the financial affairs and did not participate in the management of the CC," said Capt Bernadine Steyn, Southern Cape Police Spokesperson.