COSATU Notes Raid of Maumela's Luxury Property
The Congress of South African Trade Unions (COSATU) has noted the raid at Hangwani Maumela's luxury property in Sandton.
Maumela was implicated in the Special Investigating Unit (SIU) report into the R2 billion looting spree at Tembisa Hospital. The SIU, along with the South African Police Service (SAPS) and the Johannesburg Metropolitan Police Department, seized assets including three Lamborghinis.
- The raid was in accordance with court orders obtained by the Asset Forfeiture Unit.
- Assets seized include properties in Sandton, Bantry Bay, and Ballito, cumulatively worth R320 million.
Maumela is alleged to have utilised a web of 41 companies to siphon off R820 million from the health facility in a space of two years.
COSATU commends the SIU and collaborating law enforcement agencies.
Author's summary: COSATU notes raid on Maumela's property.