Zim Woman Jailed 6 Years In South Africa For Fraud

A 53-year-old Zimbabwean woman has been sentenced to six years in prison by a South African court after she was found guilty of 10 counts of fraud.

Elizabeth Nyathi, 53, the former deputy president of Zimbabwe’s Affirmative Action Group (AAG), defrauded the Old Johannesburg Warehouse Auctioneers in Selby by making fake payments to settle items worth R721 579 she purchased from four auctions.

She purchased the goods between January and April.

Speaking to a local paper, The Star, Christiaan Scholtz, the owner of the Old Johannesburg Warehouse Auctioneers, said:

We have not received any money back and there are always promises, but the magistrate said it’s very unlikely that we’re getting any back.

It taught us some lessons about business and not to trust everyone anymore, but the business is strong, so we are blessed.

Among the goods, Nyathi duped the Jo’burg Auctioneers, are seven Rolex watches, diamond and gold rings, kitchenware and furniture.

Magistrate Benita Oswell ruled that Nyathi will be deported back to Zimbabwe after serving her time since her passport expired during the course of the trial.

Nyathi is allegedly wanted back home for stealing more than $250 000 worth of maize seeds from a Zimbabwean seed production company in 2012.

Related:

More: IOL News

Affirmative Action Group

Formed in 1994, the Affirmative Action Group was formed out of frustration by the young black businessmen Peter Pamire and Philip Chiyangwa after the IBDC's failure to influence swift changes for the economic environment to favour indigenous black business people. Unlike the IBDC, the AAG... Read More About Affirmative Action Group

Comments

Back to top

Write a Comment

Your email address will not be published.