Connect with us

Hi, what are you looking for?

WORLD NEWS

Zim man in SA set to lose R1.4 million cash and Volkswagen Polo car

Car

Zim man in SA set to lose R1.4 million cash and Volkswagen Polo car. According to a South African publication, Express News, the man has been identified as Tafadzwa Muyambo who said he was a major shareholder and a director of Nyaboko Trading (Pty) Ltd, a Zimbabwean-registered company. Muyambo resided with his family in Virginia, Free State, where he owned immovable property.

A South Africa-based Zimbabwean man found in possession of R1.4 million is set to lose the cash and a vehicle that SAPS confiscated during his arrest in 2021. South Africa’s National Director Of Public Prosecutions’ (NDPP) Asset Forfeiture Unit (AFU) in the Free State secured a preservation order against Muyambo to forfeit his Volkswagen Polo and cash.

The NDPP made a court application against Muyambo (first respondent) and Inoque Ziezie Muchanga (second respondent). Free State Provincial National Prosecuting Authority (NPA) spokesperson Phaladi Shuping said the Free State High Court granted the AFU the order on the basis that the cash and the vehicle were found to be proceeds of crime.

Muyambo was arrested by two officers on 26 November 2021 during a roadblock near Kroonstad, after the cash was found in the boot of his car. Said Shuping: The officers found two bags with cash in the boot. Muyambo told the police that he got the money from selling gold illegally.

However, in his opposing application in court, his explanation was that the money was from a business partner who gave him R1.5 million earlier that day in Parys for operational costs as part of the transport business.

Advertisement. Scroll to continue reading.

However, Adv. Lize van Dyk, the State Prosecutor, requested the court to reject Muyambo’s version because he was arrested early in the morning and that would mean he received the money outside of official business hours.

Shuping said the High Court concluded that the money was the proceeds of unlawful activities, and the R500 000 was an attempt to bribe the officers. He said the total amount was R1 399 900. Added Shuping:

The officers rejected Muyambo’s offer of R500 000, and he was arrested, and the vehicle and the money were seized. Muyambo’s money will be deposited into the Criminal Asset Recovery Account (CARA) and the vehicle will be sold at the auction. His criminal trial is being heard in the Kroonstad Magistrate’s Court.

In other news,

Jah Prayzah announces upcoming album launch date

Jah Prayzah announces upcoming album launch date. Zimbabwean musician Jah Prayzah has revealed that his upcoming album will be launched on May 1st, 2023. Fans of the award-winning artist have been eagerly anticipating the release of his latest project, which is expected to feature a range of collaborations and showcase Jah Prayzah’s unique sound.

Advertisement. Scroll to continue reading.

Jah Prayzah Drops Festive Season Hit Track

The event is set to take place in Harare and Bulawayo. Jah Prayzah has become one of the most popular musicians in Zimbabwe and across Africa, with his blend of…read more.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Catch More Updates Below

LOCAL NEWS

This was after a video clip of a man who appears to be a Zimbabwean sitting behind the wheel of a marked police vehicle...

Advertisement