SA’s ‘youngest billionaire’ arrested

2011-05-11 08:09

A man who claimed to be South Africa’s “youngest billionaire”, was arrested in Nelson Mandela Square, Sandton, Johannesburg.

“[On Tuesday] we received information that Mandla Lamba was at Nelson Mandela Square, so we moved in and picked him up there,” Lieutenant Colonel Lungelo Dlamini said.

He said police wanted to speak to him in connection with 15 cases of fraud and a case of culpable homicide in Roodepoort.

Lamba claimed to a have become a billionaire at age 25 from interests in gold, diamond and manganese mining.

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