A 24-year-old man, Wandile Hlongwana, has appeared in the Cape Town Magistrate’s Court following his arrest in connection with a theft and money laundering investigation involving the estate of the late Mr. JMJ Steyn. Hlongwana was apprehended on January 16, 2025, by a coordinated effort between the Directorate for Priority Crime Investigation (Hawks), the Serious Commercial Crime Investigation team based in Bellville, Doornkop SAPS, Vusela Security, and Cape Town Crime Intelligence.
According to Lieutenant Colonel Siyabulela Vukubi, the provincial spokesperson for the Hawks, Hlongwana’s arrest followed the execution of a warrant tied to allegations of financial misconduct. It was reported that Jadoo and Associates had submitted a claim on the estate of the deceased Mr. Steyn for nearly R4 million, which was subsequently paid into the estate’s bank account. The case also involves money laundering linked to this large sum.
Hlongwana’s arrest marks the second in a complex investigation that already involves Keshika Naidoo, a key figure from Jadoo and Associates. Naidoo, who had control over the late Mr. Steyn’s estate account, was arrested in October 2024 and is currently out on bail. The investigation into her activities revealed further payments from the estate to various business entities, including Hlongwana’s company, Hladi Logistics, which received a substantial payment of R3,364,530 from the Steyn account.
The Hawks have suggested that Naidoo and Hlongwana are part of a larger scheme involving fraud and potential financial loss of approximately R3.9 million. The investigation continues, with more arrests anticipated as the authorities work to uncover the full extent of the criminal activities tied to the estate.
The case underscores the continued efforts of law enforcement agencies to tackle serious financial crimes, and it is expected that further developments will unfold as the investigation progresses.
