PE bookkeeper pleads guilty to theft and money laundering

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 A Port Elizabeth man accused of fraud and money laundering to the value of more that one million rand has made an appearance in the commercial crimes court.

According to the state Tertius Stiemie of Walmer provided bookkeeping and tax consultancy services to the general public under the name of Alltax Services.

Last year he pleaded guilty to the crime of stealing funds from several complainents in 2011.

The case was postponed until Wednesday where the defence is expected to argue in mitigation of sentence. Sentence is due to take place on the 4th of February