Orlando Pirates have applied to the high court to preserve more than R20 million linked to an alleged fraud case involving a former finance manager, TimesLIVE reports. The club confirmed the move in a statement, saying the application is a precautionary step to protect its funds while the process runs its course.
According to Goal.com, the money at the centre of the bid totals R20 million. Farpost.co.za reports the high court application concerns an amount of over R20 million connected to the former finance manager. The club had initially stayed silent on the matter before issuing its statement.
The case has drawn attention from supporters, with The South African reporting that fans reacted to the R20.2 million court bid, with some describing it as a "heist of the century." The club has not commented beyond its statement on the court application.
What to watch next is whether the high court grants the preservation order, and how the fraud case against the former finance manager develops.
