PAC RELIEF: Ex-party leader Luthando Mbinda found guilty of R1 million fraud
By Sitha Maliwa
PAC flag (Image: PAC website)
Former Pan Africanist Congress (PAC) president, Luthando Mbinda, has been found guilty of fraud totalling R995,670.20 by the Specialised Commercial Crimes Court in Bellville, Cape, bringing a long-running case to a dramatic close. The conviction relates to a scheme dating back to March 2019, where Mbinda opened two bank accounts under the name “LR Mbinda trading as Azania 2019” and instructed Parliament to redirect PAC funds into them.
This fraudulent redirection caused nearly R1 million in losses to both Parliament and the PAC.
Although he was acquitted of money laundering charges, the fraud conviction has been welcomed by many within the PAC. Party members expressed satisfaction, saying it confirms long-held suspicions abo...