“The restraint order has been granted in terms of Chapter 5 of the Prevention of Organised Crime Act 121 of 1998 against property/assets of the nine persons charged and persons or entities they gave gifts to.
The order of over R165 million is the amount of the proceeds of unlawful activities allegedly received by the enterprise, and the individual parties in furtherance of the conspiracy and the commissioning of the crimes.
“Their intentional delay in procuring accommodation well in advance of the 2010 Soccer World Cup, led to an urgent deviation from normal procurement processes which had to be processed in haste by the national office.”The five entities alleged to have been controlled by and associated with Panday were allegedly paid over R47.3 million by Saps between October 2009 and August 2010.
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IN PICS | Millions in perfume, bags, booze, cars seized from former top cop, Durban businessmanAssets worth more than R165m — including designer handbags, perfume and liquor — have been seized from Durban businessman Thoshan Panday and former KwaZulu-Natal police commissioner Mmamonnye Ngobeni and others on trial on racketeering, fraud and corruption charges relating to alleged corruption in a SAPS accommodation tender. I hope it will end up in a successful prosecution. I am tired of these scoops for the camera, and at the end of the evening, it was never a winnable case. Interesting what the millions are spend on....no long-term investments or investing in developmental projects? Next time can you give stats on how much and the businessmen that lost assets to the state. We've seen these stories so many times but how they ended.
Source: SundayTimesZA - 🏆 47. / 51 Read more »