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The Hawks have uncovered an R12 million fraud and money-laundering syndicate targeting construction firm Pro Khaya.
The alleged scheme reportedly ran between 2015 and 2018, with a branch manager accused of setting up a private “rival” company. Working with subcontractors, they allegedly submitted fake invoices for work that was never done, costing the parent company millions.
Suspects (Appeared in Cape Town Magistrate’s Court):
- Faris Monan (37) – Out on R50,000 bail
- Sihaam Tifloen (37) – Out on R50,000 bail
- Nicholas Cloete (46) – Out on R50,000 bail
- Edward Marais (59) – Remanded in custody
- Anthea Marais (48) – Remanded in custody
The Hawks warn that more arrests are expected as the investigation continues.
