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Machanik may not touch accounts: order

Johannesburg - Troubled property mogul Wendy Machanik has been ordered not to touch a string of accounts holding clients' money, The Star newspaper reported on Thursday.

Machanik is facing a criminal probe involving millions of rands.

An interim order which was obtained in December was made final on Tuesday by the High Court in Johannesburg.

The order prohibits the former head of Wendy Machanik Properties (WMP) from operating "trust, savings accounts or other interest-bearing accounts".

The listed accounts on the order include two Standard Bank and others held at Mercantile Bank, Regal Bank and Nedbank.

The order was granted after the Estate Agency Affairs took Mechanik to court accusing her of dipping into trust accounts, embezzling more than R25m of clients' deposits.
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