A sheriff’s raid has targeted the Cape Town residence of diamond dealer Louis Liebenberg, seizing assets including chairs and a fridge. This action comes just days after Liebenberg announced his political aspirations with the launch of his new party, Herbou. In a separate raid, offices linked to Liebenberg in Kempton Park, Gauteng, were also searched. The legal representative of the liquidators of Liebenberg’s company, Tariomix, also known as Forever Diamonds and Gold, disclosed that they initiated the raids. Their objective was to locate and seize “movable and immovable assets” funded by investors in Tariomix. The company, which was liquidated in April by the Mahikeng High Court in the North West, had been involved in diamond trading. The liquidators’ actions aim to recover assets to generate funds for distribution to creditors. These raids took place six days after Liebenberg’s launch of Herbou in Johannesburg, where he is running as an independent candidate in the upcoming elections. According to his election team, he advocates for economic reform and the distribution of the country’s mineral wealth to its citizens. The 59-year-old Liebenberg has expressed his intention to collaborate closely with former president Jacob Zuma’s MK party if elected to Parliament. In the past, he has provided Zuma with R3.2 million to assist in covering his legal expenses. Liebenberg’s attorney, Walter Niedinger, had previously disclosed that the funds were used by Zuma to pursue private prosecutions against News24 journalist Karyn Maughan and senior state advocate Billy Downer, in addition to a separate case against President Cyril Ramaphosa. Both of Zuma’s attempts have been unsuccessful, with the KwaZulu-Natal High Court in Pietermaritzburg recently dismissing his case against Maughan and Downer. Liebenberg has been contacted for his response to the asset seizures.
Diamond Dealer Liebenberg’s Assets Seized Amidst Political Bid
