Free State Asbestos Case: Court grants R32 million preservation order and seizure of Mercedes-Benz G63 AMG

Bloem court rules on R32 million assets in asbestos corruption case

On 13 March 2025, the Bloemfontein High Court made a ruling on properties and assets linked to an asbestos corruption scheme, with the court granting the National Prosecuting Authority’s (NPA’s) Asset Forfeiture Unit (AFU), together with Directorate for Priority Crimes Investigation (Hawks), a preservation order. The order stated that six immovable properties valued at R32 million and a Mercedes-Benz G63 AMG worth R2 million, would be seized. “T…

Free State Asbestos Case: Court grants R32 million preservation order and seizure of Mercedes-Benz G63 AMG

Court freezes R32m assets linked to Ace Magashule’s asbestos case – sundayworld.co.za - Corruption By Cops

Court freezes R32m assets linked to Ace Magashule’s asbestos case  sundayworld.co.za Source link The post Court freezes R32m assets linked to Ace Magashule’s asbestos case – sundayworld.co.za first appeared on Corruption By Cops.

A Very Long Wait for Enlightenment

May 15, 2025. Abstract: I always knew there was something Quixotic about the confrontation of British mining conglomerate Cape Asbestos by thousands of South Africans from poor mining communities in the late 1990s; just how epic the battle was has taken me 30 years to fully appreciate. The publication of a new book – In A Rain of Dust, Death, Deceit and the Lawyer who Busted Big Asbestos – was a revelation with its tale of corporate crime, apart…

Court freezes R32m assets linked to Ace Magashule’s asbestos case

The Free State High Court has granted the National Prosecuting Authority (NPA) a R32-million preservation order targeting assets linked to former ANC secretary-general Ace Magashule and others implicated in a sprawling asbestos corruption and money laundering scheme. The order, secured by the NPA’s Asset Forfeiture Unit (AFU), includes a luxury Mercedes-Benz G63 AMG, allegedly bought in cash for R2-million, symbolising the extravagant lifestyle…

Fourth Circuit upholds asbestos plan as made in good faith

Fourth Circuit affirms Kaiser Gypsum’s Chapter 11 plan, ruling it was proposed in good faith despite objections from Truck Insurance Exchange. The post Fourth Circuit upholds asbestos plan as made in good faith first appeared on North Carolina Lawyers Weekly.