Former bank employee sentenced to 15 years in jail for fraud, money laundering

Mziwakhe Khumalo, 33, a former bank employee was sentenced to 15 years in jail for fraud, money laundering and contravention of the electronic communication transaction Act 25 of 2002.The Gqeberha New Law court sentenced Khumalo on August 8. Spokesperson for the Directorate for Priority Crimes Investigation (known as the Hawks), Ndiphiwe Mhlakuvana, said his sentencing occurred after he was arrested by the Hawks’ Gqeberha Serious Commercial Investigation on September 29, 2021.He then appeared in court the same day, and was granted bail. His co-accused, Lwando Dingiswayo, was also…