PRETORIA– The chairperson of the Independent Communications Authority of South Africa (Icasa), Rubben Mohlaloga, is to be sentenced today in the Specialised Commercial Crimes Court in Pretoria.
He was convicted of fraud and money laundering in January. MohlalogaS along with five othersS was accused of defrauding the Land and Agricultural Development Bank of South Africa (Land Bank) of about 6.0 million Rand (about 507,000 US dollars) in 2008.
Mohlaloga and his accomplices transferred money from Land Bank to an attorney’s trust account.
He as appointed chairperson of Icasa in December 2017. However, the Parliamentary Committee on Communications recently decided to remove Mohlaloga as Icasa chairperson.
The committee said the Icasa Act prohibits anyone convicted of fraud from serving as a councillor of the communications industry regulator.
The committee’s decision has still to be adopted by the National Assembly.
Source: NAM NEWS NETWORK