Court wants look at alleged Cape drug dealer's R53 million assets

Suspected Cape Town drug dealer Fadwaan “Vet” Murphy has just two weeks to make a full disclosure of his assets – he’s allegedly worth R53-million.

Murphy faces 239 charges including racketeering‚ dealing in drugs‚ money laundering‚ and other charges in terms of the Prevention of Organised Crime Act.

On March 17‚ a curator will decide whether to pay Murphy’s lawyers based on his compliance with the disclosure order.

He appeared briefly in the Khayelitsha Magistrate’s Court on Friday where it was decided that his trial would take place during the weeks of May 8 and June 5.

People who attended court in support of Murphy swore at police. Murphy was heard saying: “Los die teef! (Leave the bitch!)” as he left the court. He was referring to the investigating officer.

In December the Asset Forfeiture Unit raided several of Murphy’s properties‚ which are in Lentegeur in Mitchells Plain‚ Athlone‚ Grassy Park and Worcester. They seized R1.7 million in assets‚ including a luxury motor vehicle and a superbike. The state estimates that Murphy allegedly raked in about R53-million in illegal transactions.

A police press statement in December referred to him as a “well-known self-proclaimed gang leader”.

“The seizure came after a lengthy investigation since December 2014‚ when police confiscated a large quantity of drugs and a large amount of cash in Lentegeur‚ Mitchells Plain‚” said police spokesperson Sergeant Noloyiso Rwexana.

“During September 2015 police confiscated a large quantity of drugs and cash at a house in Grassy Park. Police together with the office of the Asset Forfeiture Unit seized the drugs and money totalling more than R4-million.’’

 

 

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