DStv Channel 403 Tuesday, 24 December 2024

Former KPMG employee remanded in custody

JOHANNESBURG - Fidelis Moema, a former bursary expert at KPMG SA, appeared briefly before the Specialist Commercial Crimes Court sitting at the Palm Ridge magistrate's court on Tuesday.

He is being accused of diverting over R16 million in bursary funds to his own pockets.

Moema is facing charges of fraud, theft, and money laundering.

X Users dug out posts by Moema’s purported girlfriend and influencer, Sthe Bhengu, depicting the lavish overseas holidays and extravagant gifts the two enjoyed.

Moema was dismissed by KPMG in November 2022 after a stringent disciplinary process related to noncompliance with the firm’s policies.

The fraud and money laundering case was postponed to April 18 for a formal bail application.

The NPA believes the state has a strong case against the accused

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