SANCO wants cops to arrest Sgudla for “money-laundering”

The civic movement discussed the issue during its extended provincial working committee meeting on Friday last week.


The South African National Civic Organisation (SANCO) in the Mpumalanga province has called on cops to do their job and arrest the founding leader of the Practical Radical Economic Transformation (PRET) group for money-laundering.

The civic organisation says the businessman’s dishing out of R200 notes to people during events should be looked at by the police and dealt with as it is.

Sgudla, a rich tenderpreneur from the eMalahleni area of Mpumalanga, founded the organisation together with secretary Sunday Mathebula in March 2017 but is known for giving out R200 notes in community meetings to what he says are “the needy”.

But SANCO believes this is a crime and something must be done by the cops to stop it.

“SANCO views this distribution of money as utter money-laundering,” provincial secretary Mike Soko said in a statement this week.

SEE ALSO: Sgudla promises to empower, creates young millionaires



SANCO therefore calls on the state security agencies to investigate and arrest these money-launderers with immediate effect,” said Soko.

“More worrying is that the ANC in Mpumalanga seems to have found comfort to abdicate its responsibility of this organisation,” he said.

ALSO RELATED: “Marginalised” SANCO considers contesting elections

Sgudla didn’t immediately answer smsed questions on Wednesday night.

(edited by ZK)

Send tips to [email protected]