Seizure of houses in the former CEO of Vestia, Steel, by a South African foundation | Now

A South African foundation claiming to have been scammed by Vestia's former president, Erik Staal, seized homes from him in the Netherlands and Bonaire.

The HASA (Housing Association South Africa) Foundation, which had already been created for social housing in South Africa, indicates that Staal has allocated a total of 2.2 million euros to this foundation. This made known Friday the director of HASA, lawyer Willen van Nielen, in the televised broadcast Nieuwsuur

"Our investigation showed that for an amount of 2.2 million funds n & rsquo; Were not spent for the purpose of We believe that this money should be repaid, we called Mr. Staal repeatedly and asked him to cooperate to repay this amount, which did not happen and that's why we have to grab that money now, "Van Nielen said.

A criminal investigation has been initiated against Staal in this case for some time. Justice suspects that he has donated 1.2 million euros. He is suspected of embezzlement, money laundering and forgery. He was arrested in April of last year, and then was raided at home.

The foundation was created in the nineties. Several municipalities and housing corporations donated to build housing for poor South Africans. There were also houses, but Staal is also suspected of having withdrawn money from the foundation.

Vestia almost made risky investments

Vestia, the country's largest housing company, came back in force a few years ago. problems. This was due to risky investments in derivatives. Vestia, who was to be rescued from the collapse of other companies, claimed damages, notably at Staal, for the financial meltdown of more than 2 billion euros.

Van Nielen states that it can not be ruled out that Staal partially paid these settlements with Silver printed upstream of the HASA foundation

Vestia "reacted in a shocked manner," the company said in a statement Press. Vestia claims that she is officially no longer legally bound to HASA, but supports Van Nielen's call to Staal to repay the amount to the foundation.

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