MPUMALANGA. – Assets valued at an estimated R99 million have been restricted under an interim preservation order in an investigation into an alleged organised crime syndicate connected to extortion. The assets are linked to Joe Sibanyoni and others allegedly involved in organised crime. These include properties in Centurion and Pretoria, luxury vehicles and investments.
Kaizer Kganyago, NPA national spokesperson, says the asset seizure was obtained in cooperation between the NPA's organised crime unit and the police. The Middelburg High Court granted the interim order on 28 September in terms of section 26 of the Prevention of Organised Crime Act of 1998. Assets include properties in exclusive golf estates and other residential areas in Centurion and Pretoria, as well as luxury vehicles of brands such as Ferrari, Porsche, Lexus, Mercedes-Benz and BMW. The parties involved must also hand over various bank accounts and investments to a curator appointed by the court.
The order is aimed at preventing assets allegedly obtained from crime from remaining available to those involved. It is an interim order and does not mean the accused have been found guilty.
This article is an automatic English translation of a Nuusflits article originally published in Afrikaans. Read the Afrikaans original.
