This is an AI-generated summary of a selected monitored public legal source and may omit context. It is general information only, not legal advice, and is not a substitute for reading the source or consulting an attorney.
AI summary
The South African Reserve Bank gave notice of a decision to forfeit R2 675 989.02 to the State in respect of Pendalo Cash ‘n Carry (Pty) Limited. The notice says the amount was standing to the credit of the respondent in a Standard Bank account and that the forfeiture date is the date of publication in the Gazette.
This appears to concern the forfeiture of a specified sum in relation to a named company.
Evidence from source
I hereby give notice of a decision to forfeit to the State the following money and I hereby declare and order forfeit to the State the following money, namely: 2.1 the amount of R2 675 989.02
Supports: plain summary sentence 1
standing to the credit of the Respondent in account number 023116838 held with The Standard Bank of South Africa Limited, together with any interest thereon or any other accrual thereto.
Supports: plain summary sentence 2
The date upon which the money specified in 2 above is hereby forfeited to the State is the date upon which this Notice and Order of Forfeiture is published in this Gazette.
Supports: plain summary sentence 2