A pensioner accused of fraud and theft of UIF Covid-19 TERS money has been granted bail.
The 62-year-old Moses Leso from Hammanskraal was charged with theft after R4.7 million UIF-TERS funds meant for a transport company was mistakenly deposited into his account.
It is alleged that Leso never reported the matter and went on to spend R100 000 on himself.
The money was meant to remunerate employees and it is understood that the suspect worked for the same firm.
He allegedly used the same reference number from his previous employer to apply for his UIF payout and after numerous enquiries by the company, it was found that the money was paid but was redirected to Leso's account.
He appeared briefly in the Pretoria Commercial Crimes Court on Monday where he was granted bail of R2 000.
Most of the money has been recovered by police.
The matter was postponed to the 30th of October for further investigation.
