THE MPISANES: Fraud gone wrong-South Africa

 

 Shawn and Sibusizo Mpisane, Durban's controversial business couple, were arrested on allegations of fraud in assets of worth R140 million, according to the NPA search. Married in community of property to her husband, their company Zikhulise received R50million in November 2009 weeks before they hosted the years glitz and glamor party! They went ahead to amaze the community by splurging about R1-million on birthday and wedding celebrations in a single weekend. Shawn presented her husband with a white R1.8-million Maserati Cantabrigian at his 40th birthday party at their La Lucia home. Since December, they have received a series of electronic payments amounting to about R219 million from the eThekwini Municipality but just three weeks after receiving another R30 million, the Mpisanes halted the construction of the RDP housing projects in Umlazi because they did not have money to continue, apparently.  However, they own luxury cars valued at around R22 million that include a Rolls-Royce Phantom, a Rolls-Royce Ghost, a Maserati, a Ferrari Scarlatti, a Porsche Cayenne Turbo and a Panamera Turbo, two armored BMW 5 Series, two Hummers  and a Lamborghini and Four fixed properties – including Mpisane's home – valued at about R25-million.

Shawn Mpisane posing next to their new Rolls-Royce

Sibusizo "S'bu" posing next to one of their luxury cars

The Mpisane car garage displaying their luxury cars

Sibusizo receiving his gift of a Maserati from his wife Shawn

The Mpisane mansion

The lamborghini Sibusizo surprised his co-workers with

The Mpisane luxury cars(and house) being repossessed

The RDP housing projects that were put on hold by the Mpisanes

Shawn and Sibusizo Mpisane, Durban's controversial business couple, were arrested on allegations of fraud in assets of worth R140 million, according to the NPA search. Married in community of property to her husband, their company Zikhulise received R50million in November 2009 weeks before they hosted the years glitz and glamor party! They went ahead to amaze the community by splurging about R1-million on birthday and wedding celebrations in a single weekend. Shawn presented her husband with a white R1.8-million Maserati Cantabrigian at his 40th birthday party at their La Lucia home. Sibusizo is also reported to have stunned his co-workers when he showed up to work in a Lamborghini! It should be noted he is a former METRO POLICE CONSTABLE with a salary of less than R15,000 a month! Since December, they have received a series of electronic payments amounting to about R219 million from the eThekwini Municipality but just three weeks after recieving another R30 million, the Mpisanes halted the construction of the RDP housing projects in Umlazi because they did not have money to continue, apparently.  However, they own luxury cars valued at around R22 million that include a Rolls-Royce Phantom, a Rolls-Royce Ghost, a Maserati, a Ferrari Scarlatti, a Porsche Cayenne Turbo and a Panamera Turbo, two armored BMW 5 Series, two Hummers  and a Lamborghini and Four fixed properties – including Mpisane's home – valued at about R25-million.Well well, and that is how the cookie crumbles...crumbled rather!