Lerato Mbhiza
President Cyril Ramaphosa said during his Sona said stolen funds are being recovered from those who were involved in crime and corruption.
“Freezing orders of R14 billion have been granted to the NPA’s Asset Forfeiture Unit for state capture-related cases, and around R8.6 billion in corrupt proceeds have been returned to the state.
“A restored and revitalised SARS has collected R4.8 billion in unpaid taxes as a result of evidence presented at the Commission, while the Special Investigating Unit has instituted civil litigation to the value of R64 billion” he said.
Ramaphosa said the government is taking steps which include new legislation to strengthen the ability to prevent money laundering and fraud and secure our removal from the “grey list” of the Financial Action Task Force.
“With the assistance of business, we have set up a digital forensic capability to support the NPA Investigating Directorate, which in due
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