JUST IN: IEC Commissioner Dr Nomsa Masuku (62) has been arrested for fraud involving R1.2 million during her tenure as head of Corporate Social Investment at Standard Bank. She was later released on R20000 bail, the Hawks said. As CSI boss, Masuku allegedly awarded bursaries and scholarships to friends and family by manipulating documents and without the approval of the Committe with some of the monies deposited directly into her personal bank account to the tune of R1.2 million. #IEC