R200m: Prophet Shepherd Bushiri’s assets to be auctioned?

The multimillion-rand estate owned by self-proclaimed Prophet Shepherd Bushiri is allegedly set to go on auction in an effort to repay some of the R200 million loan from 2017 that he and his wife, Prophetess Mary took, the BNN reported.

 

 

EISH! PROPHET SHEPHERD BUSHIRI’S HOUSE ALLEGEDLY PUT ON AUCTION
The luxurious R5.5 million mansion was seized in 2020 and is said to be finally going under the hammer to recover an outstanding R200 million loan which was said to have been taken from a Johannesburg-based investment company JM Busha Investments. Additionally, Prophet Shepherd Bushiri’s opulent fleet of luxury vehicles, including a Bentley, Rolls-Royce Ghost, Mercedes-Benz G Wagon, Maserati, Range Rover, and a BMW will also be allegedly put up on sale at the auction.The controversial Malawian self-proclaimed prophet entered into a loan agreement with the JM Busha Investment Group in 2017 to be lent R200 million, IOL reported. According to the publication, the loan was expected to be used to renovate the Enlightened Christian Gathering Church head’s luxury Sparkling Waters Hotel and Spa in Rustenburg in the North West.Prophet Shepherd Bushiri and his wife, Mary, decided to skip the country in 2020 after they were granted bail following being arrested for fraud and money laundering, 702 reported. According to the publication. The prophet and the prophetess were estimated to have laundered roughly R102 million.

Meanwhile, earlier this year, the congregation of the Enlightened Christian Gathering (ECG) church in Mpumalanga was left shaken after armed robbers entered the church and pulled a heist on them. The robbers are said to have walked out with several goods belonging to the congregation including an undisclosed sum of cash, cell phones, bank cards, and a car, all belonging to the victims at the church, iHarare reported