What the 'asbestos seven' stand to lose if the Asset Forfeiture Unit has its way

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National Prosecuting Authority (NPA) spokesperson Sipho Ngwema told TimesLIVE that though the group is alleged to have taken R255m, the state was aiming at getting about R300m back.

Here are some of the assets the accused and the businesses stand to lose should the state be successful in proving its case: stands to lose at least two Bloemfontein properties listed in his name, the contents of his bank account, his government pension fund, a family trust and at least four cars.

— Sello Radebe, who is also a businessman, has a property listed under his name in Phuthaditjhaba and a 2005 Bentley which the AFU is looking to seize.

 

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the 'A-7', Asbestors 7

I like the term'Asbestos seven'sounds really cute though 🤗🤗🤗

Masks are really working double tasks here, protection from Covid19 and hiding the identities, they are lifted high up just for the eyes to see 😜😜😜

Bambaamasela.

What a turn around,once they were the magnificent 7 now they the 'ASBESTOS SEVEN' 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

The anc make really stupid criminals.

Disgusting people.

JvanLogg R250m tender fraud. R300M assets attached. Where did they steal the other R50m from?

5M extra NPA is damn serious hey, lets see about this, after all they got fokol from Vrede dairy farm heist

Any tenders out yet for orange overalls? At this rate DOC will be needing lots!

JvanLogg This one is still wearing the same clothes from the day he was arrested.

JvanLogg These are the days when nobody has to ask twice for masks to be worn and worn properly.

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What the 'asbestos seven' stand to lose if the Asset Forfeiture Unit has its wayIn a bid to recoup the R300m state funds allegedly lost to corruption and fraud in the Free State asbestos saga, the NPA's asset forfeiture unit on Friday said it was going after the trust and banking accounts, properties, pension funds and houses belonging to the seven accused in the matter. That's great news let them end up with orange overalls Lo and Behold WE EVEN HAVE ASBESTOS-PRENEURS NOW? What's next?
Source: TimesLIVE - 🏆 28. / 59 Read more »

Asset Forfeiture Unit swoops as asbestos tender suspects appear in courtThe Asset Forfeiture Unit has obtained a court order to seize assets worth about R300m belonging to seven people implicated in the multimillion-rand asbestos corruption case. FraudWatchZA Kubi.... Better late than never...Kubi straight!!! Follow, I follow back
Source: SowetanLIVE - 🏆 13. / 63 Read more »

What the 'asbestos seven' stand to lose if the Asset Forfeiture Unit has its wayIn a bid to recoup the R300m state funds allegedly lost to corruption and fraud in the Free State asbestos saga, the NPA's asset forfeiture unit on Friday said it was going after the trust and banking accounts, properties, pension funds and houses belonging to the seven accused in the matter. That's great news let them end up with orange overalls Lo and Behold WE EVEN HAVE ASBESTOS-PRENEURS NOW? What's next?
Source: TimesLIVE - 🏆 28. / 59 Read more »

Asset Forfeiture Unit swoops as asbestos tender suspects appear in courtThe Asset Forfeiture Unit has obtained a court order to seize assets worth about R300m belonging to seven people implicated in the multimillion-rand asbestos corruption case. FraudWatchZA Kubi.... Better late than never...Kubi straight!!! Follow, I follow back
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Mansions, Bentleys and Ferraris: The long list of assets seized from Edwin SodiThe Asset Forfeiture Unit has seized luxury assets including Ferraris, Bentleys and properties worth millions, in the high profile Free State asbestos corruption case involving EdwinSodi, writes SihleMlambo_ SihleMlambo_ South Africans are champion looters! SihleMlambo_ May these corrupt bastards spend a long time in orange overalls SihleMlambo_ zanynkosi this is the reason for the 'alleged bribe'. So he doesn't interfere with the process. I'm not arguing this process per se. But only the 'bribe allegation'. Everyone is entitled to their views though. ✌
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AFU seizes assets of asbestos project suspectsThe NPA says at least two more arrests are expected in the case. When is the auction? I so wish is these man Crime doesn't pay. Now, they r a loughing stock. Their ego z bruced n their image z turnished. Orange suites will welcome them with open arms..
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