AFU Seizes Luxury Cars From Businessman Implicated in R255M Asbestos Saga

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The National Prosecuting Authority’s (NPA) Asset Forfeiture Unit (AFU) seized multiple luxury cars allegedly belonging to businessman Edwin Sodi and his company Blackhead Consulting.

These assets are believed to be purchased with money acquired through fraud and corruption from the 2014 Free State asbestos project that was allocated R255 million.

Sodi is one of seven suspects who appeared in the Bloemfontein Magistrate’s Court last week on over 60 counts including fraud, theft, corruption and money laundering. The other suspects include government officials and businessmen.

Blackhead Consulting and Diamond Hill Trading were reportedly responsible for removing asbestos, which poses health risks, from houses across the Free State. The companies reportedly only completed work worth R21 million but were compensated with R230 million. There are also reports that government officials received money from these companies.

Some of the seized assets reportedly include luxury cars such as a Ferrari, a Bentley and a Porsche.

The NPA is expected to continue to freeze and confiscate assets belonging to the accused.