News24

AFU cracks down on theft

2008-10-24 17:32

Johannesburg - The Assets Forfeiture Unit is seizing assets worth R47m from three people who allegedly stole money meant for a medical scheme, the National Prosecuting Authority said on Friday.

The assets included properties and luxury vehicles such as Porsches, Ferraris, and a Lamborghini.

NPA spokesperson Tlali Tlali said the unit had obtained an order from the Johannesburg High Court against three former managers of FMB Hall Agencies.

They had allegedly not paid members' contributions over to Gen-Health medical scheme.

The court order was obtained on Tuesday and the unit was carrying out the seizures on Friday, Tlali said.

"Members' contributions were not paid over to Gen-Health by the scheme's administrator FMB Hall Agencies but rather used to pay for personal expenses including bond accounts and the purchasing of luxury vehicles such as Porsches, Ferraris, and a Lamborghini," he said.

The properties included two in Dowerglen, Edenvale, two at Pecan Wood Estate at Hartbeespoort Dam, and apartments in Bedfordview.

The money was also used to pay for a boat.

The freezing of the assets followed investigations by the Council for Medical Schemes and the police.

There had allegedly been contraventions of a number of provisions of the Medical Schemes Act.

Gen-Health itself was under interim curatorship, Tlali said.