Faith Nketsi’s Husband Nzuzo Njilo Reportedly Broke – Allegedly Defrauded Lund Industries R1 million

0
121
Faith Nketsi’s Husband Nzuzo Njilo Reportedly Broke - Allegedly Defrauded Lund Industries R1 million

Faith Nketsi’s Husband Nzuzo Njilo Reportedly Broke – Allegedly Defrauded Lund Industries R1 million

Barely a month after he tied the knot with video vixen and influencer Faith Nketsi, Nzuzo Njilo is reported to have gone broke. The bubbly multi-millionaire tied the knot with his longtime girlfriend, Faith Nketsi, in a private ceremony a few weeks ago. Their wedding came as a shocker as Mzansi was only introduced to it through viral images after the ceremony.

Faith Nketsi's husband facing fraud charges | Celebs Now

It seems as if things are not looking good for the bubbly businessman of late. Nzuzo Njilo is making headlines in the backdrop of his lavish wedding with Faith Nketsi. Rumour mill has it that he defrauded Lund Industries a whooping R978 104 a month before his wedding. However, this is a shocker to many since he is said to be R240 million as of 2022.

Sources have it that Lund Industries concluded a deal with Njilo to purchase copper concentrate. However, in the mix of things, Nzunzo Njilo failed to honour his side of the deal after having a downpayment. Close sources have it that the young millionaire now has some financial woes after spending hefty amounts on his lavish wedding with Nketsi. However, unconfirmed reports have it that he has been ghosting the company since he swingled their fans and is nowhere to be seen.

However, of interest is that Njilo happens to be the son of Msunduzi Municipality’s former Mayor, Themba Njilo. Themba Njilo, who once happened to be one of the celebrated big wigs of ANC, was axed when the party was embedded in factional wars.

Business Empire

The soft-spoken, camera-shy multi-millionaire was born and bred in Pietermaritzburg, KwaZulu-Natal, South Africa. However, soon after matriculating at Maritzburg Christian College, his family introduced him to the business world.

Business mogul Nzuzo Njilo - Source: Instagram@n_njilo

He has business interests in logistics and has several trucks, from haulage trucks to fuel tanks. Like those before him, he also has business interests in real estate. Unconfirmed reports have it that he has several properties across Mzansi listed on Airbnb.

Njilo also has shares in his father’s funeral service, founded in 1998. He has a considerable chunk of shares in Nduduzo Funeral Services in Endendale.