The Palm Ridge Specialised Commercial Crimes Court has granted bail to former KPMG employee Fidelis Moema and his co-accused. Moema, along with Tshwane Metro Police Officer Sgt Lebogang Sigubudu and Trevor Machimana, appeared in court for the outcome of their bail applications.
Sigubudu and Machimana, who were the latest suspects arrested in the case, are accused of assisting Moema in moving illicit money through their companies. Moema himself is facing charges of stealing R16.5 million from the company.
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During their brief appearance, Magistrate Sharon Soko granted bail of R50,000 each to the trio. National Prosecuting Authority (NPA) spokesperson Phindi Mjonondwana provided an update after the appearance, stating that investigations were progressing well.
She further mentioned that by May 24, when the matter returns to court, the NPA expects to disclose the contents of the docket to the defence team, moving the case to the next stage. However, the NPA did not comment on the possibility of more arrests in the matter.
In response to Sigubudu’s appearance in the money laundering case, the Tshwane Municipality expressed shock.
Tshwane Metropolitan Police Department spokesperson Sen-Supt Isaac Mahamba stated that Sigubudu was scheduled to report for work on Thursday night, but his appearance in court as one of the new accused in the fraud case came as a surprise.
Mahamba added that Sigubudu had been working for the city since 2009 as a traffic warden, initially on a temporary basis and later appointed permanently in 2011.
