No bail for Bushiri-linked investment manager who remains in custody

No bail for Bushiri-linked investment manager who remains in custody

- Willah Mudolo was denied bail, he is being charged along with Shepherd Bushiri and his wife for fraud, money laundering and corruption

- His lawyer argued that he was not a flight risk but he had attempted to flee South Africa three times in the past

-However, his wife Zethu was granted bail while he Mudolo remained in custody

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Willah Mudolo has been denied bail, he is one of the co-accused in the R100 million fraud, money laundering and corruption case against Shepherd Bushiri and others, including his wife.

Mudolo runs a property development business and an investment firm. He and his wife Zethu appeared in the Pretoria magistrates court. Landiwe Ntlokwana, another co-accused was also present.

Ntlokwana and Zethu were granted bail of R20 000 and R100 000 respectively while Mudolo will remain behind bars.

More arrests coming in Bushiri case as investigation continues

No bail for Bushiri-linked investment manager who remains in custody

Willah Mudolo has been denied bail by the Pretoria Magistrates court. Photo credit: Willah J Mudolo
Source: Facebook

Mudolo's company was allegedly at the heart of an investment scheme worth R100 million.

Magistrate Thandi Theledi explained that Shepherd Bushiri and his wife's flight from the country, breaching their bail agreement, played no part in the court's decision to deny Mudolo bail.

Mudolo has maintained his innocence and the Zambian national intends to plead not-guilty.

His lawyer argued that Mudolo would not flee the country and leave his wife and children. However, the court learned that Mudolo had tried to flee South Africa on three different occasions using a variety of passports.

The state argued that given the opportunity, Mudolo would try to flee the country like the Bushiri's had done.

Willah Mudolo had tried to flee South Africa three times this year, each time his destination had been Dubai.

The Hawks eventually arrested him on his third attempt on the 17th of October, his two previous attempts have taken place on the 21s of September and 13th of October.

Hawks claim Bushiri accomplice tried to flee to Dubai multiple times

Col Daniel Marais, a member of the Hawks, had said that Mudolo, a Zambian citizen illegally residing in South Africa, had tried to flee South Africa for Dubai on three separate occasions.

Earlier, Briefly.co.za reported that Shepherd Bushiri's spokesperson, Ephraim Nyondo, has spoken out about the Malawian stadium pulling out from allowing Bushiri and his church members to occupy the stadium for a crossover event that was set to be held there from 31 December.

The event, which was previously held at the South African FNB Stadium and attracts thousands of Enlightened Christian Gatherings' churchgoers from in and around South Africa, has now found itself without a venue despite many loyal Bushiri fans showing interest in attending.

This may be why the plans to have the event are still in the works. According to Nyongo, organisers of the popular crossover service, are all putting their heads together to find a way forward.

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Source: Briefly.co.za

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