Orlando Pirates have officially spoken out regarding media reports of a R20 million fraud case involving former finance manager Darryl Joselowsky.
Reports previously revealed that the club seeks to freeze four bank accounts holding a combined R20.2 million. The club confirmed it approached the High Court to safeguard these assets while financial transactions undergo an ongoing investigation.
In a public statement, the club clarified that the court application acts strictly as a precautionary measure. They emphasized that the legal step does not constitute a finding of guilt against anyone.
The individual involved is fully cooperating with authorities. The Buccaneers reaffirmed their commitment to ensuring a fair legal process for all parties.
Supporters and corporate partners were assured that day-to-day operations remain entirely unaffected. According to the club, primary focus stays firmly on football duties for the current season.
Due to active court proceedings, the club will refrain from making further public commentary until appropriate. You can keep track of upcoming match analysis on our predictions page.
Financial legal matters highlight how essential strict administrative governance remains across top-flight South African sports institutions. Protecting commercial assets ensures operational stability during critical competitive periods.
Meanwhile, attention shifts back to the pitch for their upcoming marquee fixture. Tickets for the highly anticipated MTN8 final against Mamelodi Sundowns FC at Moses Mabhida Stadium sold out within hours.
Organizers confirmed no physical or online ticket sales remain available at the venue. Fans without tickets can watch live broadcasts via SuperSport PSL and SABC 1.
This news was originally reported by citizen.co.za.