Riyaz Patel
The Special Investigating Unit’s (SIU) Special Tribunal says it has received its first batch of cases and will soon commence with proceedings in an effort to recover billions looted from the State.
Tribunal spokesperson, Selby Makgotho, said Monday the SIU had handed over the cases to the unit after conducting and completing the investigations for civil proceedings.
“The cases mainly relate to malpractices and irregular/fraudulent awarding of contracts, as well as to seek suspension and interlocutory orders as well as interdicts.”
The value of cases ready for adjudication and recovery stands at R14.7-billion.
President Cyril Ramaphosa announced the tribunal in February, after a pronouncement to that effect in his State of the Nation Address.
In September, Justice and Correctional Services Minister Ronald Lamola gazetted the regulations for the SIU’s Special Tribunal.
Makgotho said the tribunal also had a mandate to recover public funds siphoned from the fiscus through fraud and illicit money flows.
He said
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