Badul assets scrutiny

2010-10-19 00:00

HARRIRAM Badul’s divorce settlement with his ex-wife will not deter the state from confiscating his assets if he is found guilty of theft, fraud, corruption, racketeering and money laundering, the Asset Forfeiture Unit said yesterday.

Badul’s wife Monica divorced him after discovering that he had been cheating on her with a young, high-ranking police woman for years.

In the divorce settlement, Badul gave his wife his shares in their R1,2 million Mountain Rise home and their farm. It has been reported that he also left his entire pension to her as well as the proceeds of a fixed deposit investment.

The Baduls were married for more than 30 years.

The Asset Forfeiture Unit (AFU) descended on Badul in August and seized his assets as well as his pension.

KwaZulu-Natal AFU head Knorx Molelle said his unit is looking into the matter and will seek to understand what brought about the divorce.

“What led him (Badul) to give his wife everything, from property to financial investments given the situation he is in?

“It’s unusual for a man to ‘generously’ give away everything he has to his wife during a divorce, so we have put this under scrutiny,” said Molelle.

The AFU believes there are other recourses to forefeiture if the divorce settlement is found to hold water.

If found guilty, Badul stands to lose almost everything he owns because it would have been obtained through criminal means, Molelle said. Even his former wife would not be entitled to the proceeds of crime.

The Witness has learnt that divorce papers were served on Badul on July 8, weeks before the AFU descended on him and his co-accused.

They were served with a high court order restraining them from disposing of their “realisable assets”, including their houses and cars.

His co-accused, whose assets were also seized, are former police captain Suresh Naraindath and his wife Shashika; ex-police superintendent Yunus Khan and his wife Koreena; general labourer Bhekuyise Patrick Nkabini, who worked for the SA Police Service; and local businessman Sigamoney Pillay and his wife Rose.

Local attorney Naren Sangham said he was approached by Monica to be her legal adviser.

Sangham said the divorce order was granted long before the assets were seized so there is no way that the divorce order and its conditions can be undermined.

He said he had perused all the documents and can see nothing wrong.

“On what basis would the asset forfeiture challenge the divorce conditions? I don’t think that their power extends to undermining a court order. The Badul saga has been in the papers for some time and surely judges must have got wind of it. Before granting the divorce order the judge must have applied his mind and would have questioned the application if he had sensed any foul play,” said Sangham.

Badul’s mistress was not willing to share information about their relationship. The fashionably dressed, well-spoken and easy-going officer welcomed this reporter into her office.

When asked about her involvement with Badul, she appeared relaxed and said with a smile: “I’m not willing to comment at this stage.”

She conceded that she has been seeing Badul for some time, but would say nothing more.

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