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His charges emanate from his failure to disclose to the registrar of parliamentary members' interest, the gratification that he allegedly received from Bosasa.
The Gauteng High Court has ordered the seizure of R46 million in assets belonging to former Parliamentarian Vincent Smith, including his property, wholly-owned company and his family trust. Investigating Directorate spokesperson Sindisiwe Twala said that Smith had been handed a copy of the restraint order directing him to hand over control of his assets to a court-appointed curator. The restraint order was granted to the National Director of Public Prosecutions (NDPP) under section 26 of the Prevention of Organised Crime Act (POCA) and extends not only to Smith’s property, and that of his...
Investigating Directorate secures court order against former ANC MP Vincent Smith, seizing property worth R46m Share DURBAN - FORMER ANC MP Vincent Smith has had to hand over his assets, including his property, wholly-owned company Euro Blitz 48 (Pty) Ltd, and his family trust be restrained up to the value of R46 million. Smith, who has been charged with fraud and corruption relating to benefits he received from state capture-accused company Bosasa, received the court order yesterday. Investigating Directorate (ID) spokesperson, Sindisiwe Twala said Smith has to hand over control of his asset...