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Beleaguered Magashule faces R32m asset preservation order
The Star
|May 15, 2025
THE Free State High Court has granted the National Prosecuting Authority (NPA) a R32 million preservation order against Ace Magashule and others linked to the asbestos corruption and money laundering scheme.
Included in the court order is a luxury Mercedes-Benz G63 AMG, allegedly purchased in cash for R2m - a symbol of the lavish lifestyle funded by illicit gains.
According to the NPA, the seized assets are believed to be the proceeds of a web of criminal activities, including theft, fraud, corruption, and money laundering, orchestrated at the expense of the Free State Department of Human Settlements (FSDHS).
Dit verhaal komt uit de May 15, 2025-editie van The Star.
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