Two female directors nabbed for pension fraud

Two female directors nabbed for pension fraud

 

By Jonk wa Mashamba
news@alexreporter.co.za

 

Two female company Directors appeared in the Palm Ridge Magistrates’ Court charged with fraud and contravention of the pension fund Act related to employees’ contribution.


It is alleged that between January 2014 and March 2015, luggage manufacturing company executives, Alessandra Astalos (53) and Jasmith Ramila (51) deducted employees’ pension contribution from their salaries and allegedly failed to pay the funds into the pension fund scheme.
 

The Springsfield based liquidated company, Revelation allegedly deducted approximately R154 000 collectively from employees on the stated period.

Captain Ndivhuwo Mulamu said a warrant of arrest was issued for the accused’s apprehension and the pair handed themselves in at the Hawks’ Serious Commercial Crime Investigation office in Germiston. They were immediately charged and appeared in court on the same day.

The case against the duo was postponed to 09 February 2022, for disclosure and were each granted R5 000 bail.

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