On Now
Weekdays 19:00 - 23:00
OFM Nights Ashmund
NEXT: 23:00 - 23:59 Overnight with Oscar
Listen Live Streams

General

'Millionaire student' back in court

───   09:57 Wed, 29 Jan 2020

'Millionaire student' back in court | News Article

The Walter Sisulu University student who got a surprise windfall of 14-million rand paid into her bank account is due back in court on Wednesday.


The 29-year-old accounting student Sibongile Mani is accused of theft for spending more than R800 000 rand which was erroneously deposited into her student account by Intelli-mali

The company is contracted by the National Student Financial Aid Scheme to make payments to students.

Intelli-mali's IT Manager Stephen Meyer testified earlier how Mani had checked her bank balance 12 times during the month of June 2017.

He said when she was first allocated the funds, she purchased food at a local Steers and knew that there was an error made to her allowance because students are only entitled to R1 400.

Mani never reported the matter.

Meyer said they suffered a huge loss as the University's service provider and their reputation was tarnished since the incident.

He added they had also lost one of their clients as a result of the incident.

Mani is currently out on bail.


Algoa FM

@ 2024 OFM - All rights reserved Disclaimer | Privacy Policy | We Use Cookies - OFM is a division of Central Media Group (PTY) LTD.