Controversial couple Shawn and Sibusiso Mpisane have been unsuccessful in their bid to overturn a restraint order on their assets, says a report.
Durban businessperson Shawn Mpisane and her husband Sibusiso have failed in their bid to overturn a R70-million restraint order on their assets, the Mercury newspaper reported on Tuesday.
The order had been granted against the Mpisanes last year and was initially for R140-million.
This was ultimately reduced to R70-million. According to the report, Judge Sharmaine Bolton had rejected the Mpisane's argument that material information not provided to the court would have impacted on its original decision to grant the restraint order.
She also rejected their argument that it was necessary for reasonable prospects for conviction for such an order to be granted.
Shawn Mpisane faces 53 charges of fraud, forgery and uttering of a forged document.
Mpisane, who is out on R100 000 bail, is accused of submitting forged documents to obtain Construction Industry Development Board gradings, which were then used to win five public works department tenders worth R140-million.
In two separate cases she is charged with interfering with a witness and inflating invoices by R4.7-million in a bid to cut her tax bill. – Sapa