Report Focus News
Report Focus News
  • World
    World
    AfricaAmericasAsiaEuropeMiddle EastUS & Canada
  • Africa
    Africa
    South AfricaZimbabweBotswanaNamibiaMozambiqueLesothoEswatiniZambia
    Other African Coverage
    MalawiAngolaSenegalEast AfricaWest AfricaSouthern Africa
  • Politics
    Politics
    US PoliticsUK PoliticsElections
  • Business
    Business
    Money & FinanceTechnology
  • Sports
  • Entertainment
    Entertainment
    Arts & LifestyleYouth Culture
  • OpinionWeatherVideosBreaking NewsCrimeHealthScienceEnvironmentTravelFood & Drinks

Report Focus News

Follow:

News

  • All Categories
  • Breaking News
  • Politics
  • Business
  • Technology
  • World
  • Sports
  • Health
  • Science

Resources

  • Load Shedding
  • Elections Guide
  • Economy & Finance
  • Immigration
  • Government
  • Crime & Safety
  • Opinion

About

  • About Us
  • Our Team
  • Editorial Standards
  • Ownership
  • Contact
  • Ethics Policy
  • Corrections
  • Accessibility

Connect

  • RSS Feed
  • Mobile Apps

Countries

  • South Africa
  • Zimbabwe
  • Botswana
  • Namibia
  • Mozambique
  • Zambia
  • Lesotho
  • Eswatini
Privacy PolicyTermsCookiesDiversity PolicyPublishing PrinciplesSitemap

© 2025 Report Focus News. All rights reserved.

Independent journalism serving Southern Africa (SADC)

Report Focus News
Report Focus News
  • World
    World
    AfricaAmericasAsiaEuropeMiddle EastUS & Canada
  • Africa
    Africa
    South AfricaZimbabweBotswanaNamibiaMozambiqueLesothoEswatiniZambia
    Other African Coverage
    MalawiAngolaSenegalEast AfricaWest AfricaSouthern Africa
  • Politics
    Politics
    US PoliticsUK PoliticsElections
  • Business
    Business
    Money & FinanceTechnology
  • Sports
  • Entertainment
    Entertainment
    Arts & LifestyleYouth Culture
  • OpinionWeatherVideosBreaking NewsCrimeHealth & FitnessScienceEnvironmentTravelFood & Drinks

Report Focus News

Your trusted source for Southern Africa news

Article: South African bank worker jailed for ATM cash theft

Author: Staff Reporter

Published: November 13, 2024

Last Updated: November 13, 2024

Category: Breaking News

Original URL:

  1. Home
  2. /News
  3. /Breaking News

South African bank worker jailed for ATM cash theft

Breaking News
Published: Nov 13, 2024
•
2 min read
By Newsroom
A former Standard Bank employee has been jailed for theft Picture Karen Sandison Independent Newspapers
A former Standard Bank employee has been jailed for theft Picture Karen Sandison Independent Newspapers

A former Standard Bank employee has been sentenced to three years in prison for stealing more than R500,000 (£21,000) meant for cash machines in South Africa’s North West province.

Bongani Vincent Nkosi, 37, claimed he was kidnapped and forced to steal the money, but failed to report the alleged incident to either the police or his employers.

The court heard that Nkosi was responsible for loading cash into six ATMs at the bank’s Mabopane branch when the theft occurred in February 2017.

Prosecutors said he loaded only R70,000 into an ATM when he was supposed to deposit R630,000.

“He claimed unknown people threatened to harm him if he didn’t steal R1 million from the bank,” said Sivenathi Gunya, spokesperson for the National Prosecuting Authority (NPA).

The theft was discovered during a routine cash count, but Nkosi, who was the sole custodian of the vault, could not explain the missing funds.

The Commercial Crimes Court handed down an eight-year sentence, with five years suspended, after finding him guilty of two counts of theft last month.

State Advocate Fhulufhelo Munyai highlighted the rise in commercial crimes while arguing for a harsh sentence.

The region’s chief prosecutor, Dr Rachel Makhari, welcomed the jail term, saying she hoped it would deter others from similar crimes.

Standard Bank is one of South Africa’s largest financial institutions, with thousands of ATMs across the country.

Related Articles

© 2025 Report Focus News. All rights reserved.

This article was printed from Report Focus News on December 6, 2025 at 11:50 AM

For the latest updates, visit: https://reportfocusnews.com

This is a printed copy for personal use only.

Redistribution or commercial use requires written permission.

Related Articles

Trending Now

South Africa accuses US of double standards as tensions escalate
TRENDING
Politics

South Africa accuses US of double standards as tensions escalate

Dec 5, 2025•285 min
Higher Education Minister issues ultimatum to VUT
TRENDING
Crime

Higher Education Minister issues ultimatum to VUT

Dec 5, 2025•285 min

Report Focus News

Follow:

News

  • All Categories
  • Breaking News
  • Politics
  • Business
  • Technology
  • World
  • Sports
  • Health
  • Science

Resources

  • Load Shedding
  • Elections Guide
  • Economy & Finance
  • Immigration
  • Government
  • Crime & Safety
  • Opinion

About

  • About Us
  • Our Team
  • Editorial Standards
  • Ownership
  • Contact
  • Ethics Policy
  • Corrections
  • Accessibility

Connect

  • RSS Feed
  • Mobile Apps

Countries

  • South Africa
  • Zimbabwe
  • Botswana
  • Namibia
  • Mozambique
  • Zambia
  • Lesotho
  • Eswatini
Privacy PolicyTermsCookiesDiversity PolicyPublishing PrinciplesSitemap

© 2025 Report Focus News. All rights reserved.

Independent journalism serving Southern Africa (SADC)