SIU granted order to freeze KZN NLC official’s bank accounts

News Anti-Bribery & Corruption English Sanctions & Fines

Date: 15th Sep, 2023 Source: Government of South Africa Country: South Africa Original Source

Brief

Summary:

The South African Special Investigating Unit (SIU) has obtained a preservation order to freeze approximately R2.4 million in bank accounts linked to former President Jacob Zuma, his wife, and several companies. The order is pending the final determination of a civil action to be brought by the SIU against Zuma and others. The funds are alleged to be proceeds of corruption and maladministration in the affairs of the National Lots Marketing Board (NLC). The SIU has investigated allegations of corruption and maladministration in the NLC and has been authorized to recover any financial losses suffered by the State.

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Government of South Africa

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SIU granted order to freeze KZN NLC official’s bank accounts

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SIU granted order to freeze KZN NLC official’s bank accounts

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Government of South Africa

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