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A court order to freeze properties and assets to the value of R165 million was executed on Monday against the Durban businessman, Thoshan Panday, and several others who are the accused in a 2010 World Cup fraud and corruption saga.
The order was obtained by the NPA’s Asset Forfeiture Unit, and the Investigating Directorate, on 29 March, and according to ID spokesperson, Sindisiwe Seboka, this took place in an around Durban.
The others cited in the order included Panday’s former wife, a former Provincial Police Commissioner, Lieutenant-General Mmamonnye Ngobeni, and seven others.
“The restraint order is directly linked to the criminal case first enrolled by the ID, S v Madhoe and 8 others in the Durban Magistrates’ Court in October 2021, which has been transferred to the Durban High Court.”
Seboka said “the restraint order” was granted in terms of Chapter 5 of the Prevention of Organised Crime Act 121 of 1998 (POCA) against property/assets of the nine accused persons or the entities they had provided with gifts.
“The alleged criminal syndicate is accused of acting in common purpose to deprive SAPS of an amount of over R47.3 million through acts of fraud, corruption, forgery, bribery, and money laundering before and during the 2010 FIFA Soccer World Cup (SWC).
“The order of over R165 million is the amount of the proceeds of unlawful activities received by the enterprise, and the individual parties in furtherance of the conspiracy and/or common purpose and/or the commissioning of the crimes,” Seboka said.
Video : Supplied/ NPA - Thoshan Panday's Umhlanga home -
