Orlando Pirates break silence on bombshell court application
Orlando Pirates have responded to reports surrounding a court application brought by the club to preserve funds linked to certain financial transactions.
Orlando Pirates has commented on a court application filed by the club to safeguard funds related to certain financial transactions. The Betway Premiership champions have taken the matter to the High Court as they prepare for the MTN8 final next Saturday. According to their forensic investigation, R20.2 million in payments were made without authorization and directed into accounts controlled by the club's former finance manager, Darryl Joselowsky.
The records also revealed that R43 million was moved from Pirates' accounts into four Standard Bank accounts between September 2016 and August 2026. Additionally, 742 payments totaling R8.5 million were found to have false beneficiary descriptions. The club emphasized that the application is a precautionary measure and not an admission of wrongdoing.
They stated that the individual involved is cooperating with the process and that the club is committed to a fair investigation. The club assured its supporters, partners, and sponsors that the matter has not impacted their day-to-day operations and that they remain focused on the upcoming season.
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