National
R22m in luxury cars seized from fraud accused─── 08:09 Thu, 07 Feb 2013
Durban - Luxury cars valued at around R22 million were seized from former Durban metro police officer Sibusiso Mpisane and his wife Shauwn yesterday. The National Prosecuting Authority said in a statement that the cars included two Rolls Royce's, a Maserati, a Ferrari, two Porsche's, two armoured BMW 5 series and two Hummers. Four fixed properties - including Mpisane's home - valued at about R25m were also seized. The NPA said other assets were still being identified. On Tuesday, the KwaZulu-Natal High Court granted the Asset Forfeiture Unit (AFU) an order authorising it to freeze and seize R140m in property. Shauwn, who has been convicted of tax fraud, is on trial in the Durban Regional Court for alleged tax evasion. She is accused of, among other things, inflating invoices by more than R5m to cut her tax bill. She has pleaded not guilty.
Sapa
Sapa
