Relative of IEC commissioner Nomsa Masuku implicated in R1.2m fraud case
IEC commissioner Nomsa Masuku is accused of misappropriating R1.2 million from Standard Bank’s CSI program intended for bursaries and scholarships.
Ciniso Masuku, the nephew of IEC commissioner Nomsa Masuku, has been implicated in the R1.2 million fraud and theft case.
Masuku handed himself over on Wednesday, 10 December, and was processed at Johannesburg Central police station on charges of fraud and theft in terms of Prevention of Organised Crime Act. He also appeared in the Specialised Commercial Crimes Court sitting in Palm Ridge Magistrates court.
NOMSA MASUKU’S NEPHEW NOW A CO-ACCUSED IN R1.2M FRAUD CASE
Hawks spokesperson Colonel Katlego Mogale said the 30-year-old allegedly benefitted in the R1.2 million graft of Standard Bank’s Corporate Social Investment (CSI) programme Adopt A School Trust.
The trust was established to provide scholarships, bursaries, and awards of study, research, or teaching to learners from schools adopted by Standard Bank’s “Adopt a School” programme for those individuals who qualify and meet the selection criteria to further their studies at any recognised institutions of higher learning.
Ciniso Masuku is charged alongside his aunt, Nomsa and Phillip Roux who have since appeared in court and were granted bail of R20 000 and R10 000, respectively.
Mogale said through an intensive probe, Hawks investigators established that the suspect unlawfully benefited from the Trust fund as a recipient of undue funds.
“The accused was granted bail of R20 000 with conditions and his case was remanded to 6 February 2025,” Mogale said.
As previously reported, Hawks investigators established that Masuku flouted the trust processes by awarding scholarships to friends and family members through manipulation of documents and without the committee’s approval.
“Some of the monies were deposited directly into her personal bank account, to the tune of R1.2 million,” Mogale said.