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Jun 22, 2020 13 tweets 4 min read Read on X
.@afriforum drafts order for preservation of property to prevent further Sharemax fraud Image
.@afriforum announced during a media conference today that the Private Prosecution Unit has drafted an order of preservation to prevent the Nova Property Group (Sharemax) from selling the company’s properties at values far below its market value – at the expense of investors
@afriforum has sent this order to the National Prosecuting Authority (NPA), requesting that they bring it in a court of law.
The Asset Forfeiture Unit of the NPA can in terms of a court order keep property such as this in safe custody, but the prosecuting authority has brought no such application.
(1/2) In the application that @afriforum Private Prosecution Unit drafted for the use of the NPA, the civil rights organisation argues that the properties in question were acquired by the proceeds of unlawful activity,
(2/2) including money laundering and fraud, as set out in the Prevention of Organised Crime Act, 121 of 1998, as well as the Banks Act, 94 of 1990.
@afriforum has requested that the NPA take these properties into its custody, since the property was instrumental in committing the abovementioned crimes against the investors, and because Nova has been in control thereof since 2012.
Nova was however founded with the proceeds of illegal deposits that had been accepted by Sharemax from the public.
According to Adv. Nel, his unit’s investigation has also yielded evidence that the board members of Nova pay themselves excessive salaries, as well as paying themselves before paying debentures. Image
"The actions of the Nova board are unscrupulous, and we have therefore been compelled to draft this application and send it to the NPA to keep investors from suffering further losses.” - #GerrieNel
"Many of the investors in this scheme are elderly people with meagre resources who hoped to make an income by investing their nest eggs." - @kalliekriel
"The board of Nova/Sharemax have lived the high life at the expense of these people and as a civil rights organisation, @afriforum cannot allow them to not being held accountable. " - @kalliekriel
"This scheme can be equated to the operation of a crime syndicate and for this reason their actions have to be stopped immediately." - @kalliekriel

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More from @afriforum

Nov 5
Vandag hou ons ’n optog om teen die Bela-wet protes aan te teken. Ons stap vir ons kinders.

#StopBela
#LosOnsKindersUit Image
Die optog het begin by die Voortrekkermonument en geëindig by Freedom Park waar ons die regering sal ontmoet om ’n memorandum aan hulle te oorhandig.
Bela is ’n verbreking van die 1994-ooreenkoms. Ons wil die regering dus ontmoet by die plek wat die regering gebou het om die oorgang na ’n demokratiese bestel in 1994 te simboliseer.
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Aug 29, 2023
Attackers chant “Kill the Boer, kill the Farmer” before stabbing female victim with spear.
A couple from Pietermaritzburg in KwaZulu-Natal were severely assaulted on their farm while their attackers shouted, “Kill the Boer, kill the Farmer”.
Four attackers forced their way into the farmhouse of Tim Platt and his wife, Amanda, during the early morning hours of 17 August. The attackers gained entry to the house by breaking down the front door and security gate, as well as a window and burglar bars. Image
Read 13 tweets
Mar 26, 2023
𝐊𝐨𝐦 𝐨𝐧𝐬 𝐛𝐨𝐮!
.@𝐀𝐟𝐫𝐢𝐅𝐨𝐫𝐮𝐦 𝐯𝐢𝐞𝐫 𝐬𝐲 𝟏𝟕𝐝𝐞 𝐯𝐞𝐫𝐣𝐚𝐚𝐫𝐬𝐝𝐚𝐠.
.@AfriForum is 17 jaar gelede vir die eerste keer in die media aan die publiek bekendgestel in ’n artikel wat op 26 Maart 2006 in Rapport gepubliseer is oor die stigting van ’n nuwe forum.
.@AfriForum:
- neem leiding;
- veg vir geregtigheid;
- organiseer;
- bewaar ons erfenis;
- beskerm; en
- werk na vryheid.

@AfriForum se lede maak dit alles reeds vir 17 jaar moontlik.
Read 4 tweets
Jan 25, 2023
Beeldmateriaal duik op van Kaapstadse sakeman wat sy vrou en kind aanval.
Die wrede werklikheid van geslagsgebaseerde geweld is weer blootgelê met die verskyning van skokkende kringtelevisiebeeldmateriaal wat ’n man uitbeeld wat na bewering sy vrou aanrand terwyl hul dogter haar ma probeer beskerm.
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Read 12 tweets
Jan 24, 2023
.@AfriForum gives guidelines for installing solar energy technology for households
The civil rights organisation @AfriForum today during a media conference announced the first phase of the organisation’s 3-phase plan to help solve the energy crisis in the country. The overall plan is known as Project AfriEnergy.
The first phase focuses on short-term solutions. @AfriForum released a report to help the public and consumers with relevant information to make the right decisions around issues such as solar panel installation to become more independent from Eskom.
Read 17 tweets
Jan 24, 2023
.@AfriForum gee riglyne vir installering van sonkragtegnolgie vir huishoudings.
Die burgerregteorganisasie @AfriForum het vandag tydens ’n mediakonferensie die eerste fase van die organisasie se 3-fase-plan bekendgemaak om die energiekrisis in die land te help oplos. Die oorhoofse plan staan as Projek AfriEnergie bekend.
Die eerste fase fokus op korttermynoplossings. @AfriForum het ’n verslag vrygestel om die publiek en verbruikers te help met relevante inligting om die regte besluite te neem rondom kwessies soos sonpaneel-installering om meer onafhanklik van Eskom te word.
Read 17 tweets

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