Controversial SA businessman arrested in Germany for fraud allegations

Controversial SA businessman arrested in Germany for fraud allegations

- South African businessman Zunaid Moti was arrested in Germany after he was accused of fraud

- The allegations are made by a member of the Russian Mafia

- Red notices for the arrest of Moti, his father, and two business partners were issued by the Russian authorities

PAY ATTENTION: Click “See First” under the “Following” tab to see Briefly.co.za News on your News Feed!

Business tycoon Zunaid Moti has been arrested on 19 August and is being detained in Germany. The controversial businessman is being held on allegations of fraud.

The allegations were made by a member of the Russian Mafia and the Russian authorities issued a red notice in January. These notices are made when authorities can't arrest someone who has fled their country.

Moti, along with his father Abbas Aboo Baker Moti and two business associates are accused of defrauding a business partner out of about R6 million.

The two partners are Salim Bobat and Ashruf Kaka and the alleged defrauding happened in 2013, in Lebanon.

READ ALSO: Vytjie Mentor’s 4 explosive claims about ANC, Zuma and Gupta relationship

SowetanLIVE reports that the red issues were issued in several countries that includes Zimbabwe, the UK, South Africa and Switzerland.

Briefly.co.za gathered that no court date has been set for Moti yet.

Do you have a scandalous story to share with us? Let us know on our Facebook page and we could be sharing the scandal.

To stay up to date with the latest news, download our news app on Google Play or iTunes today.

Enjoy the Animated Joke: Why Do Men Lie? and head over to Briefly South Africa's YouTube channel for more silly videos.

Source: Briefly.co.za

Related news
Trump wants to drop countries that aren't friends, may end US aid to SA

Trump wants to drop countries that aren't friends, may end US aid to SA

Trump wants to drop countries that aren't friends, may end US aid to SA
Briefly.co.za
Mailfire view pixel