Land Bank to pursue further cases

04 Mar 2011

Following the arrest and appearance in court of four men accused of embezzling R19 million from the AgriBEE scheme, the Land Bank could continue to pursue other outstanding cases, a spokesman said on Thursday.

Land Bank spokesman Musa Mchunu said that the bank had noted the arrest of its former chief executive Philemon Mohlahlane, former Gauteng housing MEC Mpu Daniel Mofokeng, Khutso Mosoma and Matuba Maponya and that the institution would allow the law to take its course.

“In the past two and a half years, and in line with its responsibility, the Land Bank has continually committed itself to co-operate and give support to the authorities and the required processes in order to ensure that all outstanding matters of similar nature are finalised.”