South African court orders forfeiture of R446,000 cash and Toyota Fortuner from Zimbabwean who failed to explain money’s origins

By Jonisayi Maromo l IOL POLICE in Limpopo searched a Toyota Fortuner driven by a Zimbabwean national on the N1 highway and discovered R446,000 in cash The court has now ordered the forfeiture of both the cash and the vehicle after the owner failed to explain the money’s origins The case highlights ongoing efforts by South African authorities to combat money laundering and unexplained wealth, particularly involving cross-border activities The Zimbabwean national was unable to provide satisfactory documentation or explanation for the large sum of cash, leading to the court’s decision to forfeit the assets under proceeds of crime legislation

Originally published on New Zimbabwe

Source: New Zimbabwe