CORRUPTION, MONEY LAUNDERING AND FRAUD GET TWO SENIOR OFFICIALS JAILED!

Following sensitive information received by the Serious Corruption Investigation united based in Phalaborwa, a 58- year-old company director, together with a 49-year-old financial advisor, were arrested on 17 March 2026.

The Hawks in Phalaborwa received information about sinister activities which allegedly included theft, fraud, corruption and money laundering taking place at the Small Enterprise Development and Finance Agency (SEDFA) office in Tzaneen, Limpopo.

The investigation revealed that an official was colluding with company directors in assisting with the applications, and as result, received kickbacks amounting to over R800 000 from those companies that eventually received funding from SEDFA.

Yesterday, 17 March 2026, the team made a breakthrough in with the arrest of the pair who will make their first appearance in the Tzaneen Magistrate’s Court on 19 March 2026, facing charges of fraud, corruption, theft and money laundering.