Ricochet News

R24 million fraud case against KZN businessman postponed again

Oct 20, 2017
R24 million fraud case against KZN businessman postponed again

The case against a 43-year-old KwaZulu-Natal businessman, Vishal Seebran, who is accused of defrauding the Eastern Cape Department of Education of money amounting to R24 million, again suffered a postponement in the Port Elizabeth Commercial Crimes Court - this time to next year.

"It is alleged that between October and December 2009, the suspect submitted fraudulent tax certificates and false referral letters to the Eastern Cape Department of Education, so that the department could award him a tender worth R24 million," said police spokesperson, Captain Anelisa Feni, then.

"The Anti-Corruption Task Team (ACTT) of the Hawks started investing the alleged fraud in February 2013."

Seebran is a director at three companies that have been implicated in the fraud, Paper Active (Pty) Ltd, Mega Papers (Pty) Ltd, and African Paper Products (Pty) Ltd.