EPTC DEFRAUDED E1 MILLION
Eswatini Post and Telecommunications Corporation (EPTC) has been defrauded an amount over E1m.
An EPTC female employee who resides in one of the plush Mbabane townships (identity concealed deliberately for security reasons) reported to the Royal Eswatini Police Services (REPS) that on October 2nd, 2018 she discovered that the company had been defrauded money amounting to E1 021 937.12 whilst at Mbabane.
Whilst the police in their report did not elaborate how the company was defrauded, investigations by the newspaper revealed that an alleged corn artist misled the EPTC management into believing that the supplier had changed accounts.
It is alleged that the supplier who is known to EPTC was told of the correct procedure to follow when changing accounts, which included getting a letter from the bank confirming same.
It is said the alleged ‘fraudster’ returned armed with the bank letter and payment was made into the new account. It is said when the genuine supplier followed up on the outstanding payment of their invoices, they were told that payment had been made after one of their officials armed with a bank letter informed them to make payments to a new account. It was then that EPTC discovered that it had been defrauded and a case of fraud had to be reported to the police. When called on the matter, EPTC Corporate Affairs Manager Nqobile Magagula confirmed knowledge of the matter, but stated that it was still under police investigation. “We are not yet at liberty to provide the details of the case, but can confirm that we reported the matter to the police and that it is still being investigated,” Magagula stated.
REPS Assistant Public Information and Communications Officer Nosipho Mnguni also confirmed that police had opened an investigation after the matter was reported to them by the organisation.
“So far we are not at the stage where we can report whether we have made an arrest or not, but can only confirm that investigations are ongoing.
I can further state that cases of this nature are not new and we warn corporations to be vigilant when dealing with suppliers,” she said.
CONFIRMS: EPTC Corporate Affairs Manager Nqobile Magagula.