Bobani's estate frozen in money laundering case

schumi

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The assets in the estate of deceased UDM councillor Mongameli Bobani have been frozen for his alleged involvement in a criminal enterprise that looted Nelson Mandela Bay municipal funds.

Bobani died in November 2020 but his name appears throughout the charge sheet as having received payments totalling R2.4m.

Debt of R57,380 was also allegedly paid off for Bobani by one of the accused.

The seven people arrested in Gqeberha on Thursday morning for fraud, theft and money laundering totalling R26m, were released on bail after appearing in the Gqeberha magistrate's court.

The four former Nelson Mandela Bay municipal officers and three company directors were arrested at their respective homes early on Thursday morning.

More at: https://www.heraldlive.co.za/news/2021-07-29-bobanis-estate-frozen-in-money-laundering-case/
 
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