Asset Forfeiture Unit to pursue 17 state capture cases


File: Eskom's headquarters. eNCA

JOHANNESBURG – The Asset Forfeiture Unit (AFU) is fighting to recover R50-billion linked to alleged state capture corruption.

The unit will pursue 17 cases to recover the funds.

It says the court order to freeze R1.6-billion in alleged state capture proceeds from McKinsey and Trillian is one of six such matters currently in court.

The AFU says there are already strong indications both firms will pay back the money in the coming days.

READ: Charge individuals involved in state capture deals: Corruption Watch

Meanwhile, state capture prosecuting team leader Malini Govender denied reports that arrests were imminent.

Govender, the acting head of the Specialised Commercial Crimes Unit (SCCU), said: “There’s no truth to that [report]…To date, no applications have been made and the police would only make such applications in circumstances where they are of the view that the person who are summoned to court are a flight risk, for example.”

Corruption Watch says an inquiry will still take place, despite Trillian and McKinsey&39;s offering to pay back the money.

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