“The investigation commenced in September and so far it has revealed there was apparent misappropriation of funds that was carried out through Popcru Investment Group of Companies (PIGC). These substantial transactions were allegedly embezzled since 2016,” he said.
The alleged murder plot was unravelled when a man, said to have been hired to carry out the killings, was arrested.
“A Lesotho national, Neo Letele, was arrested in Kempton Park on November 6. Letele is apparently the middleman who was instructed ... to source the assassin, who was to be paid R1m to execute the hit. This was in an attempt to silence those who wanted the two suspects to account for the funds,” said Mulaudzi.
Letele, 34, has appeared in court twice. He is due to appear again on Wednesday November 20 for a formal bail application.
This is a developing story.