R140m in former Durban cop's assets attached by Asset Forfeiture Unit
The Asset Forfeiture Unit was on Wednesday morning attaching assets worth R140 million from former Durban metro police officer Sibusiso Mpisane, the Hawks said.
"The AFU together with the Hawks are executing a court order now. The assets are deemed as proceeds of a crime," spokesman Captain Paul Ramaloko said.
Mpisane allegedly misrepresented his construction company to the Construction Industry Development Board by submitting fraudulent gradings.
"He in turn won construction tenders worth R140 million."
Mpisane became a millionaire after securing construction tenders to build low-cost government houses.
His wife, Shawn, who has been convicted of tax fraud, is on trial for tax evasion in the Durban Regional Court.
She is accused, among other things, of inflating invoices by more than R5 million to cut her tax bill. She has pleaded not guilty.