Mpisanes fail to reverse restraint order

2013-10-15 11:01
Shauwn and S'bu Mpisane (Picture: City Press)

Shauwn and S'bu Mpisane (Picture: City Press)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Durban - Businesswoman Shauwn Mpisane and her husband S'bu have failed in their bid to overturn a R70m restraint order on their assets, The Mercury newspaper reported on Tuesday.

The order had been granted against the Mpisanes last year and was initially for R140m.

This was ultimately reduced to R70m. According to the report Judge Sharmaine Bolton had rejected Mpisane's argument that material information not provided to the court would have impacted on its original decision to grant the restraint order.

She also rejected their argument that it was necessary for reasonable prospects for conviction for such an order to be granted.

Mpisane faces 53 charges of fraud, forgery and uttering of a forged document.

Mpisane, who is out on R100 000 bail, is accused of submitting forged documents to obtain Construction Industry Development Board gradings which were then used to win five public works department tenders worth R140m.

In two separate cases she is charged with interfering with a witness and inflating invoices by R4.7m in a bid to cut her tax bill.

Read more on:    shawn mpisane  |  sbu mpisane  |  durban

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
24 comments
Comments have been closed for this article.

Inside News24

 
ADVERTORIAL
Competition regulation for a growing and inclusive economy

ADVERTORIAL: The Competition Commission of South Africa is conducting advocacy work in the South African automotive aftermarket industry and has gazetted a Draft Code of Conduct for public comment.

/News
Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.