A businessman and director of a mining company has been arrested for allegedly withdrawing $500,000 from the company’s account.
Police, is a release said the man, who lives in Nasinu has been charged for a count of conversion.
“It is alleged that between December 2019 and December 2021, the businessman while being the director of a mining company withdrew a sum of $500,000.00 from the company’s account and deposited it to a different company’s account belonging to him,” police said.
“He was arrested yesterday by the Major Fraud Unit and was charged for a count of Conversion, Contrary to Section 319 (1) (b) of the Crimes Act 2009.
“The 42-year-old businessman will appear today at the Suva Magistrate Court.”
