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  • Mon. Nov 25th, 2024

Edwin Sodi purchases R75 million estate back– Report

ByRomeo Minalane

Mar 13, 2024
Edwin Sodi purchases R75 million estate back– Report

Popular businessowner Edwin Sodi supposedly redeemed his Morningside R75 million estate back. EDWIN SODI BUYS AND SELLS R75 MILLION PROPERTY Sunday World reports that Edwin Sodi purchased his estate back from the Asset Forfeiture Unit (AFU) and put it up for sale. The publication includes that National Prosecuting Authority’s (NPA) representative Mthunzi Mhaga validated that Sodi redeemed the estate. Mhaga informed the publication that Sodi paid money for your house, is offering it and the estate was launched from the restraint order. “Sodi is offering your home. Sodi paid money to the equivalent of the cost of your house, and after, your house was launched from the restraint order.” “The funds are securely kept by the manager up until the finalisation of the criminal case,” Mhaga included. The AFU, which is a department of the NPA apparently took Sodi’s estate and his possessions due to scams accusations. His properties consisted of 29 vehicles, 27 homes, 19 active accounts, and home items owned by the business person and his business, Blackhead Consulting. ENTREPRENEUR: MANSION FOR SALE Tech Financials reported in February that the Morningside estate, which as soon as came from Edwin Sodi was noted on the marketplace for a tremendous R75 million. According to Lynn Estate site, the estate boasts a grand double volume entryway hall, glass door, drifting staircase and marble fireplace. His home is 4000 square metres in size, has 5 bed rooms and 5 restrooms. It likewise includes a 20-seater fire pit, outside movie theater and integrated bar with stogie lounge. Your home likewise consists of a roomy living room, fitness center, walk in closet, jacuzzi and a swimming pool with deck. The Citizen likewise reported in February that the tenderpreneur is linked in a string of messed up tenders. This seeks Sodi stopped working to provide on his R295 million tender agreement. The agreement was indicated to update and recondition the aging facilities of Tshwane’s Rooiwal Wastewater Treatment Plant. The Rooiwal wastewater treatment agreement is being examined by the Special Investigating Unit. Sodi will appear at the high court in Bloemfontein for the start of trial on 15 April. He deals with charges of money-laundering and corruption associating with the messed up asbestos tender. The South African connected to the NPA on Wednesday for a remark, who were not readily available for a remark. FOUND OUT MORE ARTICLES BY RAE SELEME

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