Monday, February 1, 2016
National Film and Video Foundation (NFVF) investigating a case of alleged fraud in which former manager, now resigned, could have stolen millions.
The National Film and Video Foundation (NFVF) is investigating a case of alleged fraud that could run to millions of rand by a former manager.
The former manager was suspended, then resigned.
According to the investigation, its alleged that the former training manager used an events and promotions company in the name of her domestic worker to transfer and thereby steal money from the NFVF earmarked for bursaries for film students.
The alleged fraud was discovered when R250 000 as part of a student bursary was paid not paid into the applicable student's bank account but into the account of the event company late in 2015.
"The department of arts and culture is aware of the investigation into the conduct of a staff member at the National Film and Video Foundation (NFVF). The staff member was suspended and an investigation initiated that has not been concluded."
"The staff member has subsequently resigned. The NFVF will take any necessary actions once the investigation is complete," says a statement.