D-day for Christopher Panayiotou in his second bail bid

JULY 28, 2015

UPDATE: CHRISTOPHER PANAYIOTOU DENIED BAIL BY GRAHAMSTOWN HIGH COURT

Murder accused, Christopher Panayiotou, will know today if he will be granted bail by the Grahamstown High Court in Grahamstown. Panayiotou has spent another week behind bars as Grahamstown High Court judge, Glenn Goosen, decided on his latest bail bid. 

The Port Elizabeth businessman and his lawyers will be hoping that they managed to convince Judge Goosen that Port Elizabeth Magistrate, Abigail Beeton, erred when she denied him bail earlier on.

The State, on the other hand, will be hoping that Judge Goosen agrees with Magistrate Beeton's ruling.

Panayiotou, who is being held at St Albans Prison, is accused of masterminding the faked abduction and subsequent murder his wife, Jayde, and faces charges of conspiracy to commit murder, murder‚ kidnapping, robbery with aggravating circumstances and defeating the ends of justice.

Magistrate Beeton said that his legal counsel had failed to show why he needed to be granted bail given the strong case against him.

She also said that Panayiotou had lied about having dual citizenship - and would have nothing to lose if he made a run for it because he was in massive debt.

But, Panayiotou’s lawyers are now arguing Beeton ignored evidence that he has assets worth R3.1 million and that he is not a flight risk.

They claim the businessman told his lawyers about his Cypriot passport, but they told him that information was irrelevant to the bail application. They also argued that Magistrate Beeton’s reasoning would have made it impossible for anyone to get bail.