An East London-based chartered accountant has been released on R10 000 bail after he was arrested for allegedly swindling the Unemployment Insurance Fund (UIF) of R884 000 in fraudulent COVID Ters payments.
The Gauteng High Court in Pretoria has declared that R111m in the frozen bank accounts of Hammanskraal businessman Thabo Abel Simbini is forfeited to the State.
The Gauteng High Court in Pretoria has declared that R111-million in the frozen bank accounts of Hammanskraal businessman Thabo Abel Simbini is forfeited to the State. The National Prosecuting Authority (NPA) said the forfeiture order the court issued on Tuesday followed a successful preservation order it obtained last year in terms of the Prevention of Organised Crime Act on the basis that the funds constituted the proceeds of crime.
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