The Special Investigating Unit has been granted a preservation order by the Special Tribunal to freeze R22.4m in the bank accounts of seven more companies This is in addition to the R40.7m preservation order granted last month.reported at the weekend that the directors of these companies went on a spending spree that included designer watches, jewellery, luxury cars, plastic surgery, investment policies and paying off home loans.
SIU spokesperson Kaizer Kganyago said the latest order prohibits Chachulani Group Investment Holdings, Muta Investment Holdings, Netvision Energy Savers, Psychin Consulting, Home Ground Trading 1105 Pty Ltd, Mpale Investments Holdings Pty Ltd, and Naledzi Investment Trust from dealing with the funds held in the bank accounts.
“The companies began dissipating the funds received from the Gauteng department of education upon receipt. Traces of the funds show that the companies made large payments to unidentified recipients who have, in turn, disposed of them,” he said.“It appears that the companies have been disposing of the funds with the intention of frustrating any claim that the SIU may have to those funds.
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Minister remains firm: All primary school learners to return to school on July 26Basic Education Minister Angie Motshekga has reiterated that all primary school learners will return to school when the third term begins on July 26. backtoschool But why is parliament still closed they have to have video meetings they must go back to work as well Would the genius who changed 'pupils' into the idiotic 'learners ' please step forward and bend for 6 of the best.
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