{"id":242078,"date":"2026-08-24T20:31:54","date_gmt":"2026-08-24T18:31:54","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/lesotho\/lesotho-sa-courts-freeze-assets-in-m700m-clothing-industry-fraud-case\/"},"modified":"2026-08-24T20:31:54","modified_gmt":"2026-08-24T18:31:54","slug":"lesotho-sa-courts-freeze-assets-in-m700m-clothing-industry-fraud-case","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/lesotho\/lesotho-sa-courts-freeze-assets-in-m700m-clothing-industry-fraud-case\/","title":{"rendered":"Lesotho, SA Courts Freeze Assets in M700m Clothing Industry Fraud Case"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"15\"><em> Appeals have delayed the implementation of two forfeiture judgments handed down in May <\/em><\/p>\n<ul>\n<li>Courts in Lesotho and South Africa have ordered the forfeiture of one property in Maseru, three properties in Ladybrand, and about R177,000 in cash.<\/li>\n<li>But three months later, the judgments are yet to be implemented because the parties involved have lodged appeals.<\/li>\n<li>The assets were allegedly bought with money diverted from CGM Group and its subsidiary Presitex &#8212; one of Lesotho&#8217;s largest clothing manufacturers &#8211;&#8230;<\/li>\n<\/ul>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202608240292.html\" target=\"_blank\" rel=\"nofollow noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Lesotho\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/lesotho\/\">Lesotho<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Appeals have delayed the implementation of two forfeiture judgments handed down in May Courts in Lesotho and South Africa have ordered the forfeiture of one property in Maseru, three properties in Ladybrand, and about R177,000 in cash. But three months later, the judgments are yet to be implemented because the parties involved have lodged appeals. [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":242079,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[1406],"tags":[258,256,9917,6683,24075,8732,8666,11538,8317,4717,1407,55260,257,254],"class_list":["post-242078","post","type-post","status-publish","format-standard","has-post-thumbnail","category-lesotho","tag-africa","tag-africa-news","tag-assets","tag-case","tag-clothing","tag-courts","tag-fraud","tag-freeze","tag-industry","tag-lesotho","tag-lesotho-news","tag-m700m","tag-news","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/242078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=242078"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/242078\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/242079"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=242078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=242078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=242078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}