Company partner charged with theft
ALEXANDRA – A company's co-partnership has been caught up in a theft wrangle.
A man is facing a charge of theft at the Alexandra Magistrates’s Court for allegedly withdrawing R431 000 from his co-owned company account.
The 24-year-old allegedly committed the offence at night on 19 November. He was arrested on 23 November after the incident was reported to the police by his partner. The offence was discovered by their accountant when he failed to activate the password and identity number of their internet banking to monitor the account.
The accountant first informed the partner who was out of the country who advised him to contact the accused. When he failed to reach the accused, the partner advised him to check with the bank the following morning, leading to the discovery. By this time, the accused could still not be reached by phone and didn’t respond to emails sent to him.
Bank transaction records were retrieved and showed the withdrawal with the details that it was for the director’s buy out.
He was granted bail and the case has been postponed to 19 January.
