Man forfeits R25m to the State as court slaps him with 3 years for money laundering
Share
Johannesburg - A 29-year old man who was found in possession of R25-million yet failed to say what it was for or where it was coming from has been handed a 3 year imprisonment.
Raise Baig was arrested in 2017 but his case came to an end when he pleaded guilty to money laundering charges at the Bloemfontein Regional Court on Wednesday.
He was slapped with an eight year sentence, five of which was suspended for five years.
Baig forfeited the money to the State.