5 hours ago
AFU, SIU granted order to freeze land worth R53m
JOHANNESBURG - The Asset Forfeiture Unit and the Special Investigating Unit have been granted a preservation order to freeze a farm and an agricultural holding in Gauteng worth about R53-million.
It's linked to a fraudulent transfer of government land to private entities and individuals.
A similar order was granted last September, with a value of about R144-million.
This takes the value of frozen assets to approximately R197-million.
The order follows a probe by the SIU.
It investigated private entities and individuals with links to defraud the Department of Rural Development and Land Reform and the respective deeds registries in Vryburg, Johannesburg and Pretoria.
The fraud is believed to have been committed between 2008 and 2022.