The Pinnacle Point insolvency hearing has heard that former trade unionist Richard Kawie was introduced to the developers by the Trilinear owner.
Salacious note from Seychelles official has caused red cheeks at the insolvency inquiry of Pinnacle Point’s Ivor Stratford.
A diplomat apparently warned a former Pinnacle director to "wear protection underwear", as she planned to "kiss him all over" as thanks for shares.
The owner of Cape Point Vineyards says nothing is left of a R500 000 membership he and 120 other investors paid as platinum members of Pinnacle Point.
The director of Cape Point Vineyards has told the insolvency inquiry into Pinnacle Point in Cape Town that he believed the group was solvent.
Two officials may soon have to explain how they became involved in two struggling companies in which clothing workers’ pension money was invested.
The Financial Services Board is investigating the investment in 2007 of R420-million of pension funds belonging to Sactwu members.
