Vindicated businessperson wants SIU to help recover seized assets and R105 million cash

08 Jan

Sizwe sama Yende

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Embattled businessman Matthews Tuwani Mulaudzi plans to reclaim everything he lost following his acquittal after a seven-year-long bruising court battle to clear his name on charges of fraud, theft, money laundering and racketeering.

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A millionaire who lost everything when he was charged with fraud, theft, money laundering and racketeering relating to a R48 million investment at Old Mutual is facing an uphill battle to get his assets back, following his acquittal last year.

The Pretoria Commercial Crimes Court vindicated Matthews Tuwani Mulaudzi in June 2022, following a seven-year trial that crumbled his business empire.

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