Vindicated businessman wants SIU to help recover seized assets ...

8 Jan 2024

Sizwe sama Yende

Old Mutual - Figure 1
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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.

NEWS

Old Mutual - Figure 2
Photo News24

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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