A 42-year-old businessman of Nasinu has been charged with one count of conversion.
It is alleged that between December 2019 and December 2021, the businessman while being the director of a mining company allegedly withdrew $500,000 from the company’s account and deposited it to a different company account belonging to him.
Police say he was arrested yesterday by the Major Fraud Unit and was charged for a count of conversion, contrary to Section 319 (1) (b) of the Crimes Act 2009.
The 42-year-old businessman will appear at the Suva Magistrate Court today.
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