R300-million cyber heist at public works unearthed

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Dean Macpherson
Dean Macpherson, the new minister of public works, has unearthed a cybercrime operation that it’s estimated has siphoned R300-million from the department over a period of 10 years.
In a statement on Wednesday, Macpherson said investigations are still ongoing and that the amount stolen could very well be higher.
“The latest episode took place in May 2024 when the cybercriminals stole a further R24-million,” he said in the statement. “This prompted a full forensic investigation by the Hawks, the South African Police Service, the State Security Agency, and experts in…



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