NEWS


Legendary gospel star Bishop Benjamin Dube and self-proclaimed youngest self-made multimillionaire Yamkela Kiviet are embroiled in an alleged failed business deal worth more than R8 million, which has left their investors fuming.

Dube is allegedly also a victim of Kiviet’s grand fraud after he was allegedly used to lure investors into an R8.5 million trucking business scam dating back to 2019 and which is currently at the centre of a police investigation.

Three investors told City Press that they and 35 others invested large amounts of money – starting with R125 000 each – in Kiviet’s trucking company, LY Holdings, with the promise of great returns over a period of three years.

Johannesburg-based Simphiwe Makhanya claims that he made a personal investment of R250 000 into the company before bringing in other people, who collectively invested R1.1 million between June and October 2019.

THE SPIRIT OF THE PRAISE FOUNDER

Makhanya said he made the investment after he saw Dube as the face of the company.

“I bumped into Bishop Benjamin Dube’s Twitter account and when I checked it, it was talking about this trucking business, which is similar to what I wanted to invest in at the time.

“I saw an opportunity because this is a great man of God whom we all know. He is a man that needs no introduction.

“I called the number on the poster and I was told to come to their offices next to Clearwater [Pretoria]. I went there and met with a man I did not know. He…

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