SFISO NCWANE TOOK OUT R2 MILLION BANK LOAN TO FINANCE GIFT TO PASTOR!
The never ending Sfiso Ncwane tale.
A couple of months ago the award winning singer took to Instagram to share that he had bought his Pastor a brand new Mercedes to thank him for saving his life after having a heart attack.
Right after the car stunt, the singers mother expressed her anger through media that her son is out spending millions on his pastor but she’s at home going to bed on an empty stomach most days.
Well according to a report from DRUM magazine, Sfiso took out a loan to finance the Mercedes-Benz GL 63 AMG that he bought for Pastor Francis.
It’s also reported that Sfiso is currently struggling to pay the monthly installments to the bank that are between R23,000 and R26,000.
The report from the magazine also reveals that Ncwane isn’t making extra cash and that all of his businesses were de-registered in 2012.
“There’s no way he could be paying that amount every month because his businesses are not doing well. All he wanted was to increase his music sales and he had an arrangement with the pastor for that,” said the magazine’s source.
We really don’t know who Sfiso is competing with but all his publicity stunts are doing for him is putting him in more debt!
When he was contacted for comment, Sfiso angrily dropped the phone and refused to comment.