Jayde Panayiotou secured financial institution loan for couple’s home, court hears

PORT ELIZABETH - Murder-accused Christopher Panayiotou applied to get a personal loan of R80,000 to R100,000 which was declined by Capitec Bank, a services consultant informed the Port Elizabeth Higher Court on Friday.

Claudia Goosen testified in the murder trial involving Panayiotou and his two co-accused Sinethemba Nenembe and Zolani Sibeko.

It emerged in court that just about a month ahead of his wife Jayde Panayiotou was killed, the couple visited Capitec Bank to apply for private loans.
It previously emerged that the couple had purchased a property in Lovemore Heights Estate, in accordance to Panayiotou’s plea explanation the couple have been meant to move in and commit the rest of their lives there. The home was registered in Christopher’s identify.

On 13 March, 2015 Christopher visited the bank.

“The client [Christopher] was from the financial institution and asked to apply to get a loan, he was planning to invest in a property and essential amongst R80,000 and R100,000. He didn't qualify to the loan as minimum needs weren't met,” stated Goosen.

Nonetheless, Defence Advocate Terry Cost disputed the volume and said his consumer was during the financial institution seeking to safe a loan of R150,000.

Goosen mentioned 5 days later on on 18 March, Jayde visited the bank to apply for any loan to get a “deposit on the house”.

“She was also while in the financial institution to apply for a private loan because of the truth [that] her husband didn't qualify for any bond, she was granted a loan of R150,000,” Goosen mentioned.

Goosen stated that Jayde then transferred the R150,000 to her husband’s 1st Nationwide Checking account.

Earlier this week, Jayde’s father Derrick Inggs gave proof that he had offered Jayde R40,000 to settle an exceptional sum on her auto. In addition, it emerged that Jayde’s mother and father with each other loaned her R200,000. Inggs stated that his daughter wanted the money for “transfer fees”.

The State previously claimed that Christopher was beneath money stress to maintain his slain wife and his lover Chanelle Coutts joyful and finding a divorce from Jayde was not an option for Panayiotou mainly because his household would disinherit him, so the State alleges the businessman had his school instructor wife killed instead.

It really is alleged that Panayiotou paid Luthando Siyoni, a bouncer from his Infinity nightclub, to hire hitman Sizwe Vumazonke to kidnap and kill Jayde. Vumazonke has considering the fact that died.

The State alleges that Nenembe assisted Vumazonke to kidnap and murder Jayde in the behest of her husband.

Soon after being driven to a remote location around the outskirts of Kwanobuhle exactly where the alleged killing took spot, the State claims that Vumazaonke fired two shots by means of Jayde’s back in addition to a final shot as a result of the left side of her head.

The trial continues on Monday.
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