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 published a notice and order of forfeiture under Exchange Control Regulation 22B in respect of money linked to Wanderer Traders (Pty) Limited. The notice says USD122 730.00 held in a Nedbank account, together with any interest or other accrual, is forfeited to the State on publication of the notice in the Gazette.
This appears to concern a forfeiture notice relating to a specific company and bank account.
Evidence from source
the amount of USD122 730.00, in account number 7900704698 held with Nedbank Limited, standing to the credit of the respondent, together with any interest thereon and/or other accrual thereto
Supports: 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 of Forfeiture is published in this Gazette.
Supports: Deadline detected and date