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WSU student in R14m Nsfas scandal released on warning

Accounting student Sibongile Mani erroneously received R14m in her account in June last year and spent over R800,000 over three months.

A receipt from a grocery store showing a balance on a Walter Sisulu University student's account of more than R13 million. Picture: Supplied

JOHANNESBURG - Walter Sisulu University student Sibongile Mani has been released on warning following her first court appearance for allegedly spending part of a R14 million financial aid deposit that was apparently accidentally paid into her account.

The Hawks’ Anelisa Feni says that Mani’s first court appearance was on Tuesday.

“This occurred after she was arrested by the Hawks’ Serious Commercial Crimes unit. The investigating team requested that she hand herself over at the Hawks’ provincial offices in East London.”

Mani received the money in June last year and spent over R800,000 over three months.

The accounting student allegedly failed to report the error before it was identified by the National Student Financial Aid Scheme (Nsfas).

Mani is expected back in court in July.