Businesswoman Danisa Baloyi is still to repay an R8-million loan she received from financial services company Fidentia Holdings, Moneyweb reported on Thursday.
It said Fidentia curator Dines Gihwala confirmed on Wednesday that Baloyi had not repaid the loan yet. Gihwala called the loan on February 15, with a 90-day repayment deadline.
This means Baloyi has little more than two weeks to come up with the money.
Gihwala confirmed he is in negotiations with her lawyers regarding the loan’s repayment.
The only onerous term of the interest-free loan is that it is callable at any time.
Baloyi served as a director of Fidentia and as a trustee of the Living Hands Umbrella Trust (LHUT).
It is alleged by Fidentia’s curators that erstwhile executive chairperson J Arthur Brown and accountant Graham Maddock looted more than R1-billion of widows and orphans’ money from the LHUT.
Last month, Baloyi resigned from all prominent positions, saying she did so in order to dedicate all her energies to the challenges she faced.
Her spokesperson Dominic Ntsele failed to answer calls or respond to a message on Wednesday. He said earlier Baloyi would respond to the various allegations against her ”in her own time”, Moneyweb reported. — Sapa