We've got news for you.

Register on TimesLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Dream home 'for Jayde'

20 May 2015 - 02:18 By Zandile Mbabela

Chris Panayiotou and his wife, Jayde, were to move into a lavish property in Port Elizabeth's sought-after Lovemore Heights shortly before she was killed. The estate agent who sold Panayiotou the property said that it was registered only in his name.Remax International Property Group estate agent Kobie Potgieter confirmed yesterday that she sold the luxury house to Panayiotou for more than R2-million.The house has four spacious bedrooms, four bathrooms and a large open-plan living, dining and kitchen area, with a built-in braai.In his affidavit, read out at the start of his bail hearing last week, Panayiotou said he had bought the house for R2.2-million."Prior to the death of Jayde I bought a house in Lovemore Park for R2.2-million where she and I would be living," he wrote in the affidavit. "I stood to gain absolutely nothing from Jayde's death since we were married out of community of property without accrual."No motive has been raised as to why I would have my beloved wife, Jayde, killed."Panayiotou is expected back in the Port Elizabeth Magistrate's Court today for a continuation of his bail hearing.The state is expected to present its evidence in the form of affidavits.Panayiotou is accused of masterminding Jayde's abduction and murder last month. He was arrested on April 29, two days after the arrest of co-accused Luthando Siyoli, 31.Another co-accused, Sizwezakhe Vumazonke, 30, was apprehended a few days later.Schoolteacher Jayde was abducted on April 21 from outside the couple's Kabega Park townhouse,But while Panayiotou waits for the outcome of his bail application, it appears to be business as usual at his Infinity Cocktail Bar.A new company he registered earlier this year - Rose Gold Gaming - is seeking permission to use slot machines at the bar.The application was made by Panayiotou and business partner Noxolo Sokutu.In addition, one of his employees, Chanelle Coutts, 26, who is alleged to have had an affair with Panayiotou, has been booked off work on the grounds of stress.Her lawyer, Danie Gouws, dismissed as false radio reports that Coutts had turned state witness, saying that she had merely sought legal representation...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.

Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.