The Hawks’ Serious Commercial Crime Investigation team in Germiston, has arrested a 62-year-old man, Manuel Reinaldo Teixeira, for alleged fraud and corruption involving approximately R130 million.
The suspect, who is the director of Cornerstone & Blue Kit IT company, allegedly inflated invoices which resulted in an actual loss of said sum for network service provider, Cell C during the period of 2012 and 2019.
It was alleged that Teixeira together with his accomplice, Mohamed Ismail Admjee, 44, Lufuno Lesly Nevhutalu, 59, and Adriaan Pillay, 38, who have since been released on bail, connived and inflated rates for IT and network services required by Cell C.
According to Captain Ndivhuwo Mulamu, in a statement for the Directorate, Teixeira handed himself accompanied by his legal representative at the Hawks’ office in Germiston on Tuesday, March 30, and was subsequently charged for fraud and corruption.
“ He appeared in the Palm Ridge Specialised Commercial Crimes Court on the same day of his arrest, and he was granted bail of R50,000-00 and the case postponed to April 14, where he will be joining his co-accused, ” Mulamu said.