JOHANNESBURG - The Special Investigating Unit, working in collaboration with Transnet, has secured a preservation order to freeze more than R20-million worth of assets believed to be linked to irregular property valuation contracts.
READ: SIU freezes assets over R20m linked to irregular Transnet contracts
Awarded between 2019 and 2022 the contracts are worth a combined R89-million.
The frozen assets include luxury vehicles such as Porsches and a Mercedes, as well as high-value properties in Johannesburg and Vanderbijlpark.
SIU spokesperson Kaizer Kganyago discussed the cases with eNCA.