Tumi Mokwena is seen outside the Thabamoopo Magistrates Court. (Antonio Muchave, Gallo Images, The Times, file)
- Tumi Mokwena has been placed in provisional receivership.
- Liquidators said Mokwena was hiding assets from creditors.
- Mokwena was given until June 1 to give reasons why the order should not be made final.
Suspended lawyer Tumi Mokwena was placed in provisional receivership by the Polokwane High Court in Limpopo on Tuesday.
The receivership order follows his suspension as a lawyer by the same court two weeks ago.
The receivership request – brought by liquidators Adriaan van Rooyen and Shirley Motimele – also came after his law firm, Tumi Mokwena Incorporated (TMI), went into liquidation in 2019.
In court on Tuesday, Judge M Makweya heard that Mokwena had not submitted court documents since the case was last adjourned in early February this year.
Mokwena and his lawyer were not in court.
In court documents, the liquidators alleged that Mokwena concealed and alienated the assets of his law firm to the detriment of his creditors.
READ | Limpopo lawyer Tumi Mokwena suspended from practice
They said Mokwena founded Dikwenanyana Trust, of which he is a trustee, with his mother and personal assistant Desire Chuene (née Duvenhage).
“According to financial investigations, it appears that most of the TMI funds were transferred irregularly either directly from the trust account to Mokwena and Dikwenanyana.
“What really happened was that TMI was abused as a vehicle through which the Respondent (Mokwena) embezzled funds from TMI and apparently defrauded innocent third parties and members of the public, for a amount of millions of rand.
“Plaintiffs have a reasonable apprehension that Defendant is concealing its and/or TMI’s assets in Dikwenanyana Trust to the detriment of creditors,” the liquidators said.
The judge accepted a draft sequestration order, with a return date of June 1, 2022 for Mokwena to explain why the order should not be made final.
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