Ex-ANC member jailed for embezzling more than R350 000 from the party

Ex-ANC member jailed for embezzling more than R350 000 from the party

- A member of the African National Congress has been sentenced to 5 years in jail

- The member, Precious Dube, was found guilty on 52 counts of fraud

- According to a news report, Dube managed to embezzle over R350 000 from the ANC

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IOL News reports that a former ANC employee was sent to prison after embezzling more than R350 000 from the party.

Precious Dube, received a sentence of 5 years after being convicted of 52 counts of fraud.

The ex-employee was also given a suspended sentence of 4 years on 52 counts of money laundering, Briefly.co.za gathered.

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Precious made false bank statements and invoices so she could divert money into her account while she was a data capturer the ANC's provincial branch office's finance department.

She spent from January 2011 to October 2013 falsifying invoices and changed the bank details of service providers to change amounts.

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According to IOL News' report, Precious was busted after a financial audit and she confessed to the crime when she was confronted about it.

Apparently, the ANC offered to hire her back and pay her R15 000 a month so she could repay them the money she took.

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Source: Briefly.co.za

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