Accountant gets 12 years for N$4.48 million fraud
An accountant convicted of defrauding a company at Swakopmund of N$4.48 million was sent to prison for an effective period of 12 years at the end of her trial in the High Court yesterday. Tulihaleni Nghihalwa (38) broke and abused the trust that her former employer placed in her when it appointed her as an […] The post Accountant gets 12 years for N$4.48 million fraud appeared first on The Namibian .
An accountant convicted of defrauding a company at Swakopmund of N$4.48 million was sent to prison for an effective period of 12 years at the end of her trial in the High Court yesterday.
Tulihaleni Nghihalwa (38) broke and abused the trust that her former employer placed in her when it appointed her as an accountant, acting judge Petrus Unengu said before sentencing her and three co-accused in the High Court at Windhoek Correctional Facility.
Unengu convicted Nghihalwa on 75 charges of fraud and 24 counts of money laundering in April this year.
He found that she defrauded the company Komatsu Namibia, where she was employed at its Swakopmund office, between January 2014 and May 2016 by creating false invoices that resulted in the company making payments totalling N$4.48 million.
