Entrepreneur and motivational speaker Vusi Thembekwayo is set to take legal action against Sunday World over an article alleging fraud and business misconduct. The article claimed Thembekwayo was being sued for R13.7 million by former business associate Justin Rovian Naidoo, who alleged a breach of a promised 50% stake in MyGrowthFund Venture Partners. However, Thembekwayo vehemently denies these claims, stating that no such agreement ever existed.
Thembekwayo has come out strongly against the publication, accusing Sunday World of “false, defamatory, and negligent reporting.” He asserts that the article omitted critical information, painting a misleading picture of the dispute. Thembekwayo has emphasized his commitment to protecting his name and legacy, confirming that legal action will be taken against both the publication and Naidoo.
The Dispute:
- Allegations: Naidoo claims Thembekwayo reneged on a promised 50% stake in MyGrowthFund Venture Partners
- Thembekwayo’s Response: Denies any agreement existed, calls article “misleading and damaging”
- Legal Action: Thembekwayo to sue Sunday World and Naidoo for defamation
The controversy has sparked significant online discussion, with supporters praising Thembekwayo for challenging what he perceives as reckless journalism. However, critics point to a history of controversies involving the businessman. Sunday World has yet to respond publicly to the allegations.
