THE Special Investigating Unit (SIU) has seized 35 vehicles, several upmarket properties, and a farm from former Transnet Capital Projects executive Herbert Msagala and his family, according to a report by the City Press.
Vehicles seized by the SIU included SUVs, sedans, bakkies, and an Italian sports car, while the properties comprised upmarket homes in gated communities.
This action was taken on the order of the Special Tribunal, which prohibited Msagala, his family members, and trustees of his family trust from disposing of the listed properties.
The Tribunal believes that these assets are the proceeds of criminal activity, stating that Msagala had allegedly engaged in corrupt activities in 2015 and 2016, when he was a senior executive at Transnet.
These activities allegedly involved contracts with IGC Consulting and saw Msagala receive more than R18 million in “secret profits” made at the expense of Transnet.
Corruption investigations at Eskom and
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