Gcaba Family’s Response To Alleged Payment In AKA Murder Trial “We Stand United In Support Of Mfundo”

The Gcaba family has recently released a statement addressing the alleged R800,000 payment made by Mfundo Sydney Gcaba to one of the suspects involved in the AKA murder trial. In their lengthy statement, the Gcaba family acknowledges the gravity of the situation and the widespread interest it has garnered.

According to the family, the financial transactions between Mfundo and Mr Gwabeni were purely for business purposes and can be verified through bank records. They emphasize that these transactions were neither unique nor isolated, spanning over a long period of time.

YOU MAY ALSO LIKE: Cele Reacts To Notorious Gcaba Brothers Fingered In AKA Murder Trial: “I’m Also Scared Of Them”

“Mfundo is an adult and is a successful businessman involved in various sectors, including coal mining and the taxi industry. It is important to note that financial transactions between him and Mr Gwabeni were purely for business purposes. These numerous transactions over a long period of time can be verified through bank records and were neither unique nor isolated,” the family stated.

However, the family expresses concern that the authorities have not yet approached Mfundo to hear his side of the story. It seems that there is still much to uncover and clarify in this complex case.

In closing the family said they remained united and supported their own “We stand united in support of Mfundo and remain steadfast in the rule of law.”

You can read full statement below:

Update from the Gcaba family pic.twitter.com/8FaRFKLpBc

— Zimasa Matiwane (@ZimasaMatiwane) March 31, 2024

 

The Money Trail Revisited

Days before the GCaba family’s statement, Detective W/O Kumarasan Pillay, who is in charge of the AKA murder trial, alleged that the source of the R800,000 payoff was Durban businessman Sydney Mfunda GCaba. This allegation was made in an affidavit read out in the Durban Magistrate’s Court by prosecutor Advocate Elvis Gcweka.

Pillay’s affidavit detailed the alleged money trail that implicates Mr. Gwabeni. According to the detective, Gwabeni’s bank records show that he received R803,455 the day after the murder. Pillay also highlighted that Gwabeni made a call to a number linked to Gcaba, and shortly after, the same amount was transferred to Gwabeni’s bank account.

Attached to Pillay’s affidavit are bank statements indicating that the money was transferred from a bank account belonging to the company Bright Circle, of which Gcaba is the sole director. Pillay suggests that the reference used for the transfer, ‘consult,’ was used to disguise the nature of the funds as payment for the shooting.

Dividends or Deception?

Furthermore, Pillay revealed that Gwabeni used the reference ‘dividends’ when transferring money to the other accused individuals and the two brothers in Eswatini. However, company records do not show that any of the co-accused were shareholders in Gwabeni’s companies, making them ineligible for dividends.

The state alleges money laundering, suggesting that these references were a smokescreen for illicit funds.

YOU MAY ALSO LIKE: Durban Businessman Implicated In AKA Murder Case After Money Trailed By Police

Unanswered Questions and the Need for Investigation

With these allegations and the complex money trail, it is clear that there are still many unanswered questions in the AKA murder trial. The Gcaba family’s statement raises concerns about the lack of communication with Mfundo Gcaba, urging the authorities to approach him to hear his side of the story.

As the courtroom drama continues, the public remains captivated by this real-life thriller. Will Mfundo Gcaba’s side of the story shed light on the enigmatic payment? Or will deeper secrets emerge? Only time—and the relentless pursuit of justice—will reveal the truth.