Ricochet News

IT specialist allegedly defrauded employer of nearly R1.2 million

Nov 22, 2017
IT specialist allegedly defrauded employer of nearly R1.2 million

A 36-year-old man, Tashreeq Shungking, will again appear before the Motherwell Magistrate's Court next week after his case was postponed on Monday at the court where he faces a charge of fraud amounting to approximately R1.2 million.

Shungking was arrested last week Friday following an investigation by the Port Elizabeth serious commercial crimes unit of the Hawks.

"It is alleged that while Shungking, an IT specialist, for a car part manufacturing company in Port Elizabeth, would order IT equipment for the company, sign for it and upon delivery he would allegedly sell the equipment for personal gain," described police spokesperson, Captain Anelisa Feni.

"It is alleged the Shungking allegedly operated between April 2016 to February 2017, resulting in the company losing almost R1.2 million in assets. 

Shungking will appear again on 28 November in the same court for a formal bail application.