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.

- SAPA
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

 

Inside News24

 
/Sport
 

Watch: 2015 Absa Cape Epic route

The route of the 2015 Absa Cape Epic has been announced and it promises to be as challenging as ever!

 
 

Where were you when you last felt alive?

4 exercise excuses and how to beat them
Watch: Insane road bike skills!
The most extreme journey ever?
Red Bull Lionheart trail run - not for the fainthearted!

Jobs in Cape Town [change area]

Property [change area]

HOUSES FOR SALE IN Paarl

Houses R 8 900 000

HOUSES FOR SALE IN Paarl

Houses R 2 845 000

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Save up to R1000 on Hisense smartphones!

View the large range of Hisense smartphones. Buy today and save up to R1000!

Deal of the week!

Save R1200 on the Samsung 48” smart full HD LED television now only R8799. Buy now!

Toys 4 for the price of 3

Buy 4 toys and get the cheapest FREE! Offer valid while stocks last. Shop now!

Mind blowing prices – As seen on TV

Get mind blowing prices on 1000’s of products! Shop now.

Save 20% on Nivea beauty products!

Buy any two Nivea beauty products and save 20%. Offer valid while stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

There is a tendency to focus too intently on outer appearance and beauty which hides who you really are. You are being challenged...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.