Agriseta former ceo pleaded guilty on charges of Public Finance Management Act(PFMA)
Staff Reporter
Agriseta former Chief Executive Officer Jeremiah Sello Madiba (62) was sentenced to pay a fine of R30 000 or 12 months’ imprisonment by the Kimberley Serious Commercial Crimes Court after he pleaded guilty to contravening the Public Finance Management Act on Monday 24 August 2026.
This follows the accused’s arrest in June 2022 by the Hawks Serious Commercial Crime Investigation team.
During June 2016, an NPO named Business Against Crime(BAC) misrepresented themselves that they were in partnership with Dipalemo Strategic Trading Services and requested funding of R1.9 million from Agriseta.
Funding was received and mentorship took place but BAC misused the credentials of Dipalemo Strategic Trading Services in order to receive the contract.
Furthermore, procurement procedures were not followed by Agriseta in awarding the contract to BAC.
After several court appearances, the accused pleaded guilty and was sentenced as mentioned above.
He is expected to pay R20 000 by the end of 31 August 2026, while R10 000 will be payable in installments of R2500 until its fully paid by 7 October 2026.
The Provincial Head of the Hawks, Northern Cape, Major General Steven Mabuela, applauded the team for the great work done.
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