Asset Forfeiture Unit to preserve state land linked to fraudulent transfer

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Asset Forfeiture Unit to preserve state land linked to fraudulent transfer
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The Asset Forfeiture Unit and the Special Investigating Unit were on Wednesday granted a preservation order to freeze an agricultural holding and a farm in Gauteng valued at about R53m.

The asset forfeiture unit was granted a preservation order freezing state-owned land worth about R53m lthat has been inked to fraudulent transfers. Stock photo.The Asset Forfeiture Unit and the Special Investigating Unit were on Wednesday granted a preservation order

to freeze an agricultural holding and a farm in Gauteng, valued at about R53m, which are linked to the fraudulent transfer of government land to private entities and individuals.igh court in Pretoria granted the order prohibiting individuals and private entities from dealing in any manner with Holding 34 Beverley Agricultural Holdings and Portion 296 of the Farm Zuurfontein 33.

The individuals are Nicola Martinaas Roets and Christopher Peterson, together with the entities, B and B media,“The order follows an investigation by the SIU which revealed that individuals and private entities jointly and severally, and with a common purpose, defrauded the department of rural development & land reform and the respective deeds registries in Vryburg, Johannesburg and Pretoria by fraudulently transferring government property to individuals and private entities for their...

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