Charges against me are a ‘fabrication’, Peter-Paul Ngwenya says over use of ‘k-word’
Ngwenya is facing a charge of crimen injuria for allegedly using the racial slur towards Investec chair Fani Titi in a text message
Politically connected businessperson Peter-Paul Ngwenya says charges against him around his alleged use of the ‘k-word’ against former friend and Investec CEO Fani Titi, are a fabrication to mask a commercial dispute between the two. Ngwenya is the chair of the Makana Investment Corporation, and spent almost five years in prison on Robben Island. He is facing a charge of crimen injuria for allegedly using the racial slur towards Titi in a text message. In the same SMS‚ Ngwenya told Aqeel Patel‚ the MD of MRC Media‚ “You will bleed‚” and that Titi “will see his mother”‚ which Titi regarded as a threat to his life since Ngwenya knew his mother had died. The conflict between Ngwenya and Titi‚ who had been friends for 20 years‚ stems from a multimillion-rand deal that went sour. Ngwenya says Titi owes him close to R54m. The relationship degenerated when Ngwenya allegedly called Free State-born Titi a “Qwaqwa k****r” and a "Bantustan boss" in an SMS intended for Patel. Ngwenya‚ who took ...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.