Leaked affidavit exposing Landiwe Ntlokwana's involvement in a multi-million rand scheme

IOL News

4 days ago

According to the affidavit, Ntlokwana managed investor data, tracked payments, and even used her company's bank account — GTT Wealth (Pty) Ltd — to receive millions of rands from individuals drawn into Bushiri's now-notorious commodities investment platform.
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A leaked affidavit has exposed Landiwe Ntlokwana, a former auditor and financial coordinator for Prophet Shepherd Bushiri, as a key figure in a multi-million rand investment scheme — and strongly suggests she is using her testimony under Section 204 of the Criminal Procedure Act in a strategic bid to escape prosecution.
According to the affidavit, Ntlokwana managed investor data, tracked payments, and even used her company's bank account — GTT Wealth (Pty) Ltd — to receive millions of rands from individuals drawn into Bushiri's now-notorious commodities investment platform. Her phone, she claims, was used by multiple committee members as the central point of contact for investor communication.
'The committee and I continued our administrative duties as described previously. My phone continued being passed around for whoever wanted to focus on that function,' she said.
With a strong background in Microsoft Excel, Ntlokwana took responsibility for consolidating all investor information into a single master file, which she says was used by the IT team for internal reporting and to generate investor statements.
The affidavit details the rapid expansion of the scheme and growing unrest within the church community.
Ntlokwana describes how popularity surged beyond South Africa's borders, leading to complaints from international followers of Bushiri's Enlightened Christian Gathering Church who felt excluded from the opportunity.
'They started saying what was the point of belonging to a community where only a select few can participate in empowerment initiatives,' she said. These concerns, she claims, were taken directly to Bushiri.In response, Ntlokwana says Bushiri called a closed-door meeting with her and five other women in his inner circle — Gladness, Rosemary, Shirley, Jumoke, and Memory.
During the meeting, Bushiri announced the launch of a new investment round: Commodities Trade Cycle 3. This phase, however, was exclusive to high-net-worth individuals, with a minimum investment of R1 million.
Despite her corporate background at firms like Grant Thornton and Allan Gray, Ntlokwana admits there were no formal contracts governing her role. Legal experts find this highly questionable. 'She's not an amateur. She knows how finance works,' said a senior investigator.
'The absence of contracts and the use of her company account are not rookie mistakes — they point to direct involvement.'Under Section 204, an accused may be granted immunity in exchange for full and truthful testimony.
''But such a deal hinges on credibility — something that could be Ntlokwana's biggest hurdle.'She handled the money, the records, and the investor lists,' the investigator continued. 'Now she's trying to claim she was just assisting — but this affidavit proves she was in control.'
With Bushiri still in Malawi and his extradition proceedings stalled, Ntlokwana's testimony could close the case but she if found to be self-serving or unreliable, the prosecution could be left with little to stand on