Trouble in paradise? Faith Nketsi’s then multi-millionaire husband Nzuzo Njilo arrested for fraud
Wonders never cease to amaze. In the wake of pulling off a two-legged wedding, Faith Nketsi’s husband, Nzuzo Njilo, has been arrested and is said to be behind bars over fraud allegations. Confirmed reports have it that Njilo defrauded his partners more than R800 000.
However, it’s not clear if the whopping R800 000 is part of the Lund Industries deal in the mix of things. Before his wedding, confirmed reports have it that he swindled a whooping R978 104 from a copper concentrate deal.
Many questions have been asked about how would he go broke so quickly. Several sources suggest that he splashed more on his lobola and lavish weddings.
Trouble in paradise? Faith Nketsi’s then multi-millionaire husband Nzuzo Njilo arrested for fraud
He had gone awol up until the time of his arrest. On the other hand, his business woes have taken a toll on his marriage. Unconfirmed reports have shown Faith Nketsi has reportedly dumped him because of his financial woes and scandals.
It comes as a shocker because he has an estimated net worth of R240 million. He has a business interest in travel and logistics. The bubbly business mogul has several trucks that ply several routes across Mzansi and Africa. Njilo has trucks, from haulage trucks to fuel tanks.
Nzuzo Njilo also has business interests in real estate. Reports have it that he has several properties listed across Mzansi listed on Airbnb. Njilo also doubles as a major shareholder in his father’s funeral service, founded in 1998. He has a considerable chunk of shares in Nduduzo Funeral Services in Endendale.
Reported fallout with Faith Nketsi
Rumour mill has it that Faith Nketsi dumped Nzunzo Njilo when he went broke. Reports have it that the fallout came from his bankruptcy and fraud allegations. Mzansi is more than convinced that the two have gone separate ways after Nketsi gave Mzansi some heads up about the Minnie Dlamini way.
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