Imran Khan, also known as "King Khan", has pleaded guilty to the charges against him in the Suva High Court this morning.
Khan is charged with one count of contravention of restraining orders under the Proceeds of Crime Act.
He is alleged to have breached a High Court Order by disposing off a vehicle, that was subject of the initial restraining order which included a $400,000 property, cash currently held at a local bank and four vehicles.
Meanwhile, Police earlier confirmed that the joint police and military raid conducted at four of Khan's properties in Makoi, Valelevu and Davuilevu was in search of one of the four vehicles that had been unaccounted for.
When questioned by Suva High Court Judge Justice Thushara Rajasinghe about the consequences of his plea, Khan said he understood them.
He also told the court that he is pleading guilty of his own free will and that no threats, force or promises were made.
The matter has been adjourned until 11.30am.
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