03/26/2006

Dirrrty Brett Kebble

- Dirrrrty! Brett Kebble's evil empire and all of its morally bankrupt connections have finally seen the light of day in an auditors report commissioned by institutional investors Allan Gray and Investec. The heady stink of greed and corruption hangs heavy over the report and a number of Party big-guns are named. Top receivers of Kebble's ill-gotten gains were the ANC who he apparently "loaned" R18-million to, other ANC heavyweights on the payroll who were loaned money included :

 

• Mac Maharaj, former Transport Minister (R280000);

• Popo Molefe, former North West premier (R768000);

• Former ANC chief whip Tony Yengeni (R1.4-million);

• Dali Tambo, son of late ANC president Oliver Tambo (R11.096-million)

•Sello Rasethaba, director of Matodzi (R9.667-million);

•Eric Molefe, former chairman of Exel Petroleum, the black-owned oil company (R431000);

•Chris Nissen, former Western Cape ANC leader (R370000);

•David Barritt, Kebble’s former spokesman (R10.295-million);

•Sharif Pandor, husband of Education Minister Naledi Pandor (R979966);

•Dominic Ntsele, a Kebble business associate (R2-million);

•Lunga Ncwana, a prominent ANC Youth League member (R7.060-million); and

•Andile Nkuhlu, a Youth League leader and former JCI executive (R333000).

 

The forensic report recommended that : 

 

•Criminal charges and civil claims be laid against the auditing firm PricewaterhouseCoopers (PwC);

•Criminal charges and civil claims be laid against former Randgold directors and officers; and

•Randgold claim back about R390-million from Kebble’s estate.

 

Where did all this money come from? Well, it is alleged that Kebble siphoned off R2-billion in Randgold & Exploration shareholders’ money through a series of deals he orchestrated.

 

03:15 Posted in Social | Permalink | Comments (2) | Email this | Tags: South Africa

Comments

Why is PwC so quiet about all of this? After all, they are the ones who supposedly helped to perpetrate a crime. Where are the PR people?

Posted by: None of yours | 04/04/2006

I think they are keeping their heads down and hoping nobody had noticed...The question I have is - where's our Financial Services Regulator in all this?

Posted by: someamongus | 04/05/2006

The comments are closed.