Louis Liebenberg and his wife, Desiree Liebenberg have been remanded in custody yet again after their bail application was remanded to November 15.
Another week behind bars for ‘diamond dealer’ Louis Liebenberg and wife as State adds corruption to charge sheetand his wife, Desiree Liebenberg have been remanded in custody yet again after their bail application was remanded to November 15.
Diamond dealer Louis Liebenberg with his nine co-accused at the Bronkhorstspruit Magistrate’s Court.Picture: Oupa Mokoena / Independent Media The State alleges that Liebenberg registered 15 companies where his ex-girlfriend Kleynhans and the rest of the accused who are either family members or have close relations, were directors.
"Another company styled Forever Zircon was registered in 2021. Both these companies were purportedly involved in buying and selling diamonds. Potential investors were lured through social media and radio interviews to invest in the buying and selling of diamonds and were also promised high returns over a short period of time using a cashless platform called AE Switch. Thousands of investors made payments into the platform amounting to approximately R4.5 billion," she said.
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