21 Feb 2017 15:20pm
WINDHOEK, 21 FEB (NAMPA) - High Court Judge Christie Liebenberg will sentence fraudster, Peter Tyran Kohler on 07 March 2017.
The South African national on Monday admitted guilt to charges of fraud involving N.dollars 5.8 million.
The convicted 45-year-old Kohler committed the offence when he was employed as a store 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.
In his submissions of evidence before sentencing, defence lawyer Mese Tjituri asked the court to impose a punishment in the form of a fine instead of sending his client for direct imprisonment.
On her part, prosecution representative, Advocate Ingrid Husselmann said the court should impose a sentence that would fit the offence committed, because Kohler abused his position of trust by stealing from his employers.
Kohler is a first offender with no record of previous convictions.
According to the summary of substantial facts contained in the charge sheet, Kohler was tasked with the supervision of all accounting, financial, human resource, administrative and relevant compliance duties relating to Pennypinchers Timbercity Windhoek located in the Southern Industrial Area, as well as the Ongwediva Pennypinchers Timbercity.
His financial responsibilities included capturing and authorising bona fide company expense payments.
Kohler had the user rights to capture and authorise electronic fund transfers from the Pennypinchers Timbercity Windhoek account at First National Bank (FNB) of Namibia and Ongwediva Pennypinchers Timbercity bank account, also at FNB.
Between 23 March 2009 and 10 September 2015, Kohler had used his position to unlawfully and fraudulently transfer N.dollars 5.8 million to his personal bank accounts at Bank Windhoek and ABSA.
Kohler remains in police custody at the Windhoek Central Correctional Facility, pending sentencing on 07 March 2017.