The prosecutor (ID) has issued an order of the High Court in Gauteng to seize 46 million worth in possessions of former MP Vincent Smith, its wholly-owned subsidiary of Euro Blitz 48 (Pty) Ltd. And his family, to seize. Confidence.
Sindisiwe Seboka, a spokesperson for ID, said Monday’s court ruling confirmed the detention issued in February 2021. The property and property of his family’s trustee and his Euro Blitz 48 business, but also the property of certain daughters, his Brumilda Smith, and property of other persons or other entities who received affected gifts under section 12 POCA.
“It is prohibited to do business and/or sell property with Smith and the other named parties while the order is in effect.” “The curator of the PWC appointed by the court will continue to exercise control over the assets until the outcome of the criminal proceedings against Smith and Euro Blitz 48 is completed,” he said.
The seizure of property stems from a criminal case filed in private documents on October 1, 2020, in which Smith, Euro Blitz 48, and their co-defendant Angelo Agrisi appeared in Palm Ridge court for fraud and corruption for an R800,000 satisfaction fee. , accepted by Smith. and Euro Blitz by Agrizzi and/or BOSASA.
Smith serves and heads the parliamentary portfolio committee overseeing the Department of Correctional Services, while BOSASA is scrutinized to win contracts worth more than 1 billion rubles from the department amid allegations that the contracts have been properly awarded. . is.
“The assets of Smith and the Euro Blitz 48, as well as the assets of the Smith family, will be closed until cases of fraud and corruption are resolved,” the statement said.
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