Zelda Kandabile (33), Sibusiso Nyundu (36) and Baby Miko (41) appeared in KaBokweni Magistrates’ Court on Thursday, November 18 after being arrested by members of the Crime Investigation Team serious commercial acts of Hawks Mpumalanga as well as members of national credit regulators on November 17 for violating Article 133 of the National Credit Law, Law 34 of 2005.
The defendants were given bail of R 1,500 each and the case was referred to Masoyi Magistrates’ Court for hearing on December 14.
Mpumalanga Hawks spokesman Captain Dineo Lucy Sekgotodi said the joint team acted on the basis of information about people who run illegal money lending companies.
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“These two companies that were allegedly not registered with the National Credit Regulator, kept those customer bank cards and Sassa to secure payments. “A search and seizure operation was carried out in the two premises where these illegal activities had taken place. The team seized these cards as well as the registers. Subsequently, the defendants were arrested, ”said Sekgotodi.
The provincial head of the Directorate of Priority Crime Investigations in Mpumalanga, Major General Zodwa Mokoena, warned people who borrow money from loan sharks to refrain from doing so.
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“If people use illegal loan sharks they are putting their lives at risk because they are paying much more interest than they should and can be harassed or threatened when they are late in their payments.”