Corrupt procurement officer forfeits half of pension
A corrupt procurement officer formerly in the employ of a food company in Lambert’s Bay, who was due for retirement in December after 44 years service, has forfeited half of his R2m pension benefits as compensation for the company’s R2.6m loss, says a report on the IoL site. In addition, Daniel Jacobus Poggenpoel (63), a married father of four, was jailed for five years when he appeared in Cape Town's Specialised Commercial Crime Court before Magistrate Constance Nziweni yesterday.
He pleaded guilty to 14 counts of corruption involving a loss of R2.6m suffered by Lamberts Bay Foods (Pty) Ltd, a subsidiary of the Oceana Group. In addition to the prison sentence, he received a second five-year jail sentence that was suspended for five years on condition that he testifies at the trial of his co-accused, Suman Panday. The proceedings took the form of a plea bargain, negotiated by defence attorney Eben Klue with prosecutor Jannie Knipe.
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