A liquidator appointed to investigate corruption in the liquidation industry appeared in the Johannesburg Regional Court on Friday for alleged fraud and corruption, police said.
Captain Ronnie Naidoo said Enver Motala was arrested on Friday by the serious economic offences unit.
He allegedly presented false requisitions to the Masters Office, the Registrar of Companies and the High Court for information on companies declaring insolvency and those being investigated for irregularities.
He allegedly paid for this information, through which he was able to benefit financially.
Naidoo said five people who work in the Masters Office, the Registrar of Companies and the High Court will be arrested next week.
Motala was arrested following a two-month investigation. Police conducted a sting operation on Friday morning, searching Motala’s house, his offices in Rosebank, a family home in Middelburg and the Masters Office in Pretoria.
Motala was granted bail of R50 000 and will appear in court again on August 16.
Motala is a shareholder in and chairman of SBT Trust, based in Rosebank. — Sapa