R49.3 million in Mpumalanga’s alleged illegal mining loot frozen in Namibia
She explained that on 15 November 2023, the NPA’s Asset Forfeiture Unit (AFU) in the province, working in collaboration with the Saps Special Illegal Mining Unit, obtained a provisional preservation order in the Mbombela High Court over a farm, coal stockpiles, heavy-duty mining equipment, vehicles, and other assets allegedly used as implements of illegal mining and environmental offences, or representing the proceeds of unlawful activities.“The Namibia High Court rejected the challenge and found that the evidence established reasonable grounds to believe that the funds constituted the proceeds of unlawful activities and that the bank accounts had been used as instrumentalities in connection with alleged money-laundering offences,” Nyuswa said.
The Namibian High Court has granted the National Prosecuting Authority (NPA) a preservation order for N$49.
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