Some People Allegedly Scammed By Gwamanda Want Their Monies Back

Some of the people allegedly scammed by former Johannesburg Mayor Kabelo Gwamanda say all they want is their money back. This comes after the fraud case against the embattled former mayor was provisionally withdrawn by the National Prosecuting Authority NPA last week.

One victim, who invested over R21,000 in Ithemba Lama Afrika, a company that was owned then by Gwamanda, is still reeling in pain.

Lefu Lebitsa had hope that investing in Ithemba Lama Afrika in 2014 would change his life for the better. He says Kabelo Gwamanda and his co-accused, Mduduzi Zondo, promised them that they would reap the rewards.

I first deposited R11,000 at Maponya Mall and Kabelo was the one who drove there. The next day they gave me a letter confirming that I am a shareholder. Five days later, I paid the remaining R10,000. We have agreed that R19,000 would be for the 4 shares in the company, explains Lebitsa.

At the time, Gwamanda allegedly ran his business at his family home.