Supervisor at tax firm charged for embezzling over $3M in NIS/PAYE payments
A woman who is accused of stealing over $3M while being employed by Leibrands Financial Management and Tax Consultancy as a Supervisor, was on Friday slapped with six charges. Solana Wills, 31, appeared before Senior Magistrate Leron Daly at the Georgetown Magistrates’ Courts.
Particulars of the six charges alleged that Wills between August 1 and December 20, 2021, at Durban Street, Georgetown, while being a Clerk or Servant of Leibrands Financial Management and Tax Consultancy, fraudulently embezzled $3,134,290, in cash, received or taken into possession by her for or on account of her employer.
The woman pleaded not guilty to the charges. She was granted bail in the sum of $200,000 bail and will make her next court appearance on April 8, 2022.
The Police prosecutor told the court that while employed at the Consultancy, Wills was tasked with receiving funds from clients on behalf of the company. Her duties also entailed ensuring that clients pay their employees National Insurance Scheme (NIS) and Pay As You Earn (PAYE).
Between the periods mentioned in the charge, the woman received the monies from the companies to pay their employees NIS/PAYE. However, she later misappropriated the monies. As such, a Police report was made against her.
