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Two former ABSA Bank employees pleaded guilty in the Gqeberha Specialised Commercial Crimes Court on Friday to charges of fraud, theft, and money laundering of more than R1 million.
Florika Owusu and Abongile Tyusha committed the offences between 2019 to 2022.
They opened unauthorised bank accounts, issuing debit cards to these accounts, managing six bank cards between them as part of the scheme.
According to the state, the employees also re-activated 18 dormant accounts, some of which had belonged to deceased people.
Owusu, from Patensie and Tyushu from Butterworth, will be back in court again next March for sentencing proceedings to start.
