Investment company claims to own properties it has no rights on in attempt to cover up loss.
Pensioners impoverished by collapsed property syndication schemes are being sold a new line.
After finally getting access to the information through a Supreme Court of Appeal order, Moneyweb published details about Nova directors coining it.
Subpoenaed bank accounts show former minister did receive a salary that he failed to disclose to Canyon Springs.
The DA has accused Sactwu of shielding Economic Development Minister Ebrahim Patel from the fallout of R100-million worth of workers’ pension funds.
Richard Kawie faces arrest if he fails to appear before a liquidation inquiry to explain R100-million of clothing workers’ missing pension fund money.
To the tune of a well-known patriotic Cuban song, a group of workers sang the praises of Wayne van der Rheede, the deputy general secretary of Sactwu.
The inquiry investigating the loss of R100-million of clothing workers’ pension funds has subpoenaed the bank records of the Trilinear group.
Richard Kawie’s evidence is regarded as crucial to the inquiry into the missing pension fund money.
Deputy Finance Minister Nhlanhla Nene said on Thursday treasury is still trying to stem abuse of the special pension fund for military veterans.
Lawyers on the inquiry into the loss of R100-million of clothing workers’ pension fund money are submitting an application to the WC High Court.
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/ 17 October 2011
The probe into how R100-million went missing from a Sactwu pension fund has been postponed after former consultant Richard Kawie failed to turn up.
Enoch Godongwana has told a closed liquidation inquiry that he expected to earn an annual salary of R1.5-million when he chaired Canyon Springs.
Trustees have accused FSB chief Dube Tshidi and attorney Tony Mostert of ‘despicable’ behaviour.
Two officials may soon have to explain how they became involved in two struggling companies in which clothing workers’ pension money was invested.
Attempts to subpoena Richard Kawie to give evidence that could explain what happened to workers’ pension money have hit a brick wall.
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/ 16 February 2009
Johannesburg’s specialised commercial crime court on Monday ordered Peter Ghavalas to pay the compensation under a plea-bargain reached with the state