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Cars properties worth millions belonging to Blackheads director seized by - Cars, properties worth millions belonging to Blackhead's director seized by AFU

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Cars, properties worth millions belonging to Blackhead’s director seized by AFU

edwin sodi blackhead - Cars, properties worth millions belonging to Blackhead's director seized by AFULuxurious vehicles and homes price tens of millions of rand belonging to Blackhead Consulting director Edwin Sodi, his firm, different six co-accused, and 5 different corporations have been confiscated by the Nationwide Prosecuting Authority’s (NPA) Asset Forfeiture Unit (AFU).

They seven appeared in Bloemfontein Justice of the Peace Court docket in reference to the R255 million asbestos venture.

They have been charged with corruption, cash laundering and theft.

The courtroom granted them bail starting from R50,000 to R500,000.

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A number of properties belonging to the accused together with Free State housing head of division Nthimotse Mokhesi, Edwin Sodi and his firm have been evaluated for a preservation order.

The properties included a Rolls Royce, a Bentley, a Ferrari, a couple of Porches, different vehicles and homes.

The NPA’s spokesperson Sipho Ngwema nevertheless indicated that extra arrests can be made within the subsequent few days or perhaps weeks.

“That indictment signifies that we’re able to go to courtroom even tomorrow as a result of there are 60 prices there, they’re clear [and] there is no such thing as a doubt concerning the State’s case,” Ngwema mentioned.

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“Even the Justice of the Peace did point out in the present day that there’s a prima facie case based mostly on the cost sheet alone.”

The suspects are anticipated to seem once more in courtroom on 11 November.

Listed below are the listing of the suspects:

free state asbestos suspects - Cars, properties worth millions belonging to Blackhead's director seized by AFU

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