Among the items on auction will be Bushiri's Midstream mansion in Midrand, Johannesburg.
On the run “prophet” Shepard Bushiri’s multimillion-rand estate is set to go on auction in an effort to repay some of the R200m loan he and his wifethe loan was taken with JM Busha Investments, who this week obtained a writ of execution order at the Johannesburg High Court for the loan totalling R203 544 845.
The court granted JM Busha Investments’ requests that everything registered under the Bushiris’ names be placed under provisional sequestration in the hands of the Master of the High Court.Bushiri is also reported to have had a fleet of luxury cars, including a Bentley, Rolls-Royce Ghost, Mercedes-Benz G Wagon, Maserati, Range Rover and a BMW.
Bushiri and his wife were granted bail of R200 000 each and ordered not to leave the country, despite an expert warning they were aappeared before Parliament’s portfolio committee to explain how Bushiri and his wife fled South Africa. He said the couple did not use any of their multiple passports, nor did they fly out with the president of Malawi.A South African government delegation travelled to Malawi in May to provide evidence in the pair’s extradition case in Malawi.
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