Suspected drug kingpin and gang leader Fadwaan “Vet” Murphy bought a R2.4 million house in cold hard cash, the Western Cape High Court heard this week.
Murphy, 44, his ex-wife Shafieka Murphy, sister Glenda Bird and four others face 239 charges relating to racketeering, money laundering, drug dealing and charges under the Prevention of Organised Crime Act.
The State on Wednesday called estate agent Allison Airey-Spengle from Seeff Real Estate Agents, who testified Murphy purchased a home in March 2015.
The house in Clydebank Crescent, Parklands, cost R2.5 million, and Murphy paid it in cash, instead of a bond, through one of his companies, Ulterior Trading, the court heard.
She said Murphy brought her half of the money (R1.25 million) in cash, while the other half was transferred via Absa Bank, in Table View.
An investigation into Murphy’s various businesses and alleged criminal activities was launched in 2013, and two years later he and his co-accused were arrested.
State prosecutor Aradhana Heeaman said the State was set to prove that Murphy had created an illegal enterprise, his business Ulterior Trading CC, and used its tainted profits to buy property and other assets.
On Monday, Mohamed Osman, the director of Eazipak in Athlone, testified he had sold tiny plastic sakkies to two of Murphy’s companies.
Osman had records dating from June 2012 to 9 October 2018.
The baggies were “used to sell drugs”.
The case continues on Monday.