Kaizer Chiefs team manager Bobby Motaung is once again in the legal spotlight as Johannesburg-based company, Pent Up Investment, returns to court seeking to have his estate sequestrated. The property firm claims Motaung still owes over R4.5 million from a 2009 property deal gone wrong and has failed to fully repay the debt despite multiple court orders over the past 14 years.
According to Sunday World, Pent Up Investment has applied to the High Court to attach Motaung’s shares in Kaizer Chiefs and recover the outstanding balance. The dispute centres on a failed purchase agreement involving a Mondeor commercial complex, which includes a petrol station. The initial deal, worth R9 million, was allegedly not honoured in full by Motaung’s company, Lakeshore Trading 224.
Although a court ruled in favour of Pent Up Investment in 2009, only about R6 million has reportedly been paid back. The remaining R4.3 million is still outstanding as of January 2024. Company director Costas Couremetis argues that Motaung has shown no real financial hardship, pointing to his flashy lifestyle—luxury cars, expensive watches, and an upmarket home in Houghton—as proof he can pay.
Couremetis further claims that Motaung has spent over a decade avoiding payment by allegedly playing creditors against one another. The company wants a trustee appointed to investigate his assets and possibly liquidate them, including his stake in Kaizer Holdings, which owns Kaizer Chiefs.
Despite the legal push, Motaung maintains the issue was settled years ago and dismissed the current proceedings as “old news.” His accuser’s legal team, however, remains firm in pushing for the outstanding balance.
This isn’t Motaung’s first brush with financial controversy—he previously faced a R90 million tax claim from SARS. As the son of Kaizer Chiefs founder Kaizer Motaung, Bobby continues to live a high-profile life, which critics say doesn’t align with his claims of financial trouble.
