Foreign news

Student spends $1m mistakenly credited to her bank account

A South African student who spent more than $63,000 of $1.1 million she erroneously received was arrested on Tuesday and appeared in court for alleged theft, police said.

Sibongile Mani, 28, was arrested by the police’s serious commercial crime unit after she was asked to turn herself in, Anelisa Feni, spokeswoman for an elite police unit, the Hawks, told AFP.

Mani, a student at Walter Sisulu University in Eastern Cape province, appeared before a magistrate court on charges of theft.

She qualified last year for 1,400-rand ($110) in monthly food allowances from the National Students Financial Aid Scheme, which aids underprivileged students.

Instead, she was accidentally given $1.1 million in June and went on a spending spree, splurging on expensive clothing, a smart phone and partying.

You might also Like:  South Africa Seizes Opportunity at G20, Cultivates Ties with China's 'Future Leader'

It took the scheme three months to detect the error. It recovered the remainder of the funds from her bank account.

Mani was released on a warning and ordered to appear again on July 2.

(AFP)

Related Articles

0 0 votes
Article Rating
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Back to top button
0
Would love your thoughts, please comment.x
()
x
Close

Adblock Detected

It looks like you are using an adblocker. Turn off your adblocker to support our website. Thank you