Stanfield Wife, Nicole Johnson, Spends R5m on Sea Point Flat While in Prison

Stanfield wife, Nicole Johnson, spends R5m on Sea Point flat while in prison

Nicole Johnson, married to Ralph Stanfield, bought her flat unbonded, raising questions over legal loopholes.

Suspected crime boss Stanfield’s wife spends R5-million on Sea Point flat while in prison - AmaBhungane Centre for Investigative Journalism

Nicole Johnson, wife of suspected organised crime boss Ralph Stanfield and herself accused of racketeering and helping run a violent criminal enterprise, bought an unbonded R5-million flat on the Atlantic Seaboard from a renowned Cape Town property developer.The transaction raises questions about the extent to which property deals remain vulnerable to money laundering, especially in a time of increased focus on estate agents and lawyers meeting …