R50bn expected to be seized in 17 state capture cases - AFU
16 January 2018
Johannesburg - The Asset Forfeiture Unit (AFU) is hoping to seize at least R50bn in 17 cases it is currently investigating related to state capture, acting head of operations advocate Knorx Molelle said on Tuesday.
In an interview with eNCA, Molelle said his team had already prioritised six matters which were before the courts, awaiting preservation orders.
"The matters are before the court and hopefully in the next couple of weeks we will have court orders," he said.
The AFU has already taken action against two Gupta-linked companies - Trillian and McKinsey - hoping to recoup R1.6bn in assets related to consultancy work done by the companies for Eskom and Transnet.