EMALAHLENI – Controversial businessman Sam Chabalala Mshengu’ has been granted bail of R2000 000 by the Witbank Magistrates Court.
Media reports suggest that businessman, also known as Sambulo Bruce Chabalala, has been granted bail but he is expected to report at the Bethal police station three times a week.
The announcement comes after a week when Mshengu of Sam Holdings, was arrested by the Hawks in Emalahleni, Mpumalanga.
The Sam Holdings founder is facing charges of fraud, corruption, and possession of an unlicensed firearm as well as contravening of the immigration act.
According to the Independent Media, the court heard that the embattled businessman’s real name is Sambulo Bruce Chabalala.
In addition, Chabalala was instructed to report at the Bethal Police Station on Mondays, Wednesdays, and Fridays between 09:00 and 12:00 and hand his travelling documents to the investigating officer.
Chabalala is also instructed to not to leave Govan Mbeki Municipality without notifying the investigating officer.
The businessman became a household name when a convoy of his luxury cars stole the spotlight earlier this year.
He set out to shut down the N3 ahead of his trip to the Durban July where he led a convoy apparently had 72 luxury cars, with at least 10 cars owned by him.
Meanwhile, media reports indicate that The Hawks Serious Organized Crime Investigation Unit has taken over the murder case of Sam Holdings General Manager Nkosinathi Emmanuel Ngcongo who was shot and killed on 12 September 2019 while he was on duty at Sam Holdings truck Depot.
It is alleged that two men were seen entering the premises whereby one of the suspects produced a firearm and shot Ngcongo and disappeared.
Resulting from the probe, 26-year-old Phindokuhle Eugene Nkosi has since been arrested and appeared at the Bethal Magistrate Court on September 13, 2019.
Nkosi’s case is still under investigation and he is currently held behind bars.
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