The businessman who shot to fame after his highly publicized relationship with popular South African DJ, DJ Zinhle was granted R50,000 bail earlier today at the Alexandra Magistrate’s Court.
According to eNCA, State prosecutor Jimmy Shongwe told the court that Naidoo allegedly committed fraud through forex exchange transactions valued at R1,2-million.
Money that has been believed to have funded to lavish lifestyle he flaunts on Instagram.
As such, the state prosecutor argued that bail be set at R100,000. His lawyer, Jay Naidoo, managed to get that amount reduced to R50,000.
Naidoo is due back in court on 5 May 2017.
Main image credit: instagram.com/brendonnaidoo