Kimberley mine owner arrested for R147m fraud
The Hawks in the Northern Cape arrested a businessman for allegedly defrauding a colleague from the United Kingdom of R147 million.
Christopher David Kimber is facing two counts of fraud and two counts of money laundering.
Kimber appeared before the Kimberley Magistrates’ Court on Wednesday after he had handed himself over to the Hawks.
It is alleged that in 2013, Kimber met with a businessman from the United Kingdom over an investment of buying 50% shares of his businesses.
"The businessman reportedly paid R147 million into Kimber’s bank account but the money was transferred into personal bank accounts, thus no investment was made,” said Hawks spokesperson Bonnie Nxumalo.
"When the businessman realised that no investment had been made, he reported the matter to the police. The Hawks conducted an investigation which led to Kimber’s arrest."
Kimber is set to return to court on 17 August.
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