SIU welcomes High Court’s dismissal of 999 Music and Arthur Mafokate’s attempt to cancel preservation order for NLC-funded property in Midrand

Summary:

The Special Investigating Unit (SIU) welcomes a High Court judgment dismissing an attempt by 999 Music and its founder Arthur Mafokate to cancel a preservation order on a luxury property in Midrand. The property was purchased with funds from the National Lotteries Commission (NLC) meant for community and developmental projects. The SIU's investigation found that money from the NLC account was transferred to a home loan bank account, which was used to purchase the property. The High Court ruled that Mafokate's submission raised more questions than answers and that there were reasonable grounds to believe that the property was the proceeds of unlawful activities. The judgment paves the way for the forfeiture application to go ahead and possibly recover the money that the NLC lost.