Kubentheran Moodley and his company Albatime have been restrained from handling assets worth up to R232m.
The report said Moodley's company sent at least 44 invoices to Regiments Capital for work ostensibly done for Transnet, from which Regiments unlawfully scored hundreds of millions of rand.
Directorate spokesperson Sindisiwe Twala said the high court in Johannesburg ruled on an urgent application brought on June 10 by the ID to compel Moodley to hand over his assets. The order was made on Friday. The NPA said Moodley is barred from using or disposing of assets valued in excess of R232m held in and outside South Africa.Twala said the directorate's head, Hermione Cronje, made out a case for an urgent restraint order on the basis that the state capture commission had released about R20m worth of liquid assets held in safety deposit boxes into Moodley’s custody on June 10 this year.Judge Shanaaz Mia ruled that Moodley was to comply with the order..
The assets will be held by curator Mike Stewart of Bombani Liquidators and Trustees, who was appointed by the master of the high court in Johannesburg.
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