21 Feb 2017 15:10pm
WINDHOEK, 21 FEB (NAMPA) An accountant who on Monday admitted guilt to fraud involving N.dollars 5.8 million, says he regrets his wrong doing.
Peter Tyran Kohler committed the offence when he was employed as an accountant at the Windhoek Pennypinchers Timbercity Branch, and later as store manager at the Ongwediva branch during the period 23 March 2009 to 10 September 2015.
The 45-year-old South African national informed the High Court on Tuesday when he testified in mitigation of sentence that he is really sorry and regretted his actions of stealing money from his employers.
The commission of this offence is killing me slowly from inside. I had dreams and I needed the money in order to accomplish my dreams, he said while shedding tears.
Kohler told the court that he was unable to stop taking money, because the desires for more necessities and money forced him to do what he had done.
He admitted his mistakes and pleaded with his employers, family and the Namibian nation for forgiveness.
Kohler said he knew that what he was doing was wrong and unacceptable.
I understand the financial loss to my employers is huge, he said, adding that he will never commit the same offence again.
Kohler then pleaded with the court to show some mercy when imposing punishment, noting that he is ready to pay back the whole amount of money over a period of five years from now onwards if the court so allows. He said his family and relatives will help him to pay back the money.
Kohler was found guilty as charged upon his own pleas of guilty on Monday by High Court Judge Christie Liebenberg.
He is a first offender with no record of previous convictions.
Advocate Ingrid Husselmann appeared for the State, while Mese Tjituri defended Kohler.
Kohler remains in police custody at the Windhoek Central Correctional Facility.
He returns to court on Wednesday for the submission of evidence of sentencing by the prosecution and defence.