The Special Investigating Unit (SIU) says it has obtained a preservation order to freeze a property in Hillcrest, KwaZulu-Natal, valued at about R2.7 million. The SIU links the property to an alleged fraud scheme involving the Unemployment Insurance Fund’s Temporary Employer/Employee Relief Scheme (TERS), with total alleged unlawful conduct amounting to about R9.8 million.
According to the SIU-linked reports, the matter falls under an ongoing investigation into alleged misuse of funds during the COVID-19 pandemic. The SIU states that the preservation order is intended to prevent the disposal or dissipation of assets while the investigation and associated legal processes continue.
The accounts also refer to Ziqoqe Construction and its owner in connection with the allegations, though the reports focus on the asset-freezing action rather than providing further case details. Both sources describe the same core development: the SIU’s move to secure a Hillcrest asset tied to the broader UIF TERS fraud case.
