Financial Services Board (FSB) seeks indemnity from its many sins

Financial Services Board (FSB) seeks indemnity from its many sins

The Financial Services Board and its senior executives are facing claims for damages totalling in excess of R3bn in threatened or already pending legal action because of their allegedly negligent or malicious actions. And their problems related to their appointment of Fidentia curator Dines Gihwala, until recently chairman of SA's "No.1" law firm, Cliffe Dekker Hofmeyr, escalate from day to day. Which might explain why they're rushing to Parliament to be granted indemnity .... But is it in the public interest?

Pension surplus payouts: Tony Mostert calls for an apology – and gets it

Pension surplus payouts: Tony Mostert calls for an apology – and gets it

If you’ve read this story before, read it again. Some significant changes have been made since you last read it

Shortly after publication, Tony Mostert of Attorneys A L Mostert & Co communicated with Noseweek in order to address a number of allegations in the earlier version of this story that, he has pointed out, were false and defamatory, with the most serious prejudicial consequences to his and his firm’s reputation. Noseweek regrets having published the incorrect allegations relating to Tony Mostert and they are unconditionally withdrawn. Any negative innuendo with regard to Mostert is similarly withdrawn.

A run of Bad Luck costs furious Nedbank clients many millions

A run of Bad Luck costs furious Nedbank clients many millions

Retired businessman, Tiaan Lamprecht, is heading for the battle of his life as he sues Nedbank for R6.5m in savings he lost, thanks to poor investments made, against his instructions, by Nedbank financial planner, Karl Luck.  Other Nedbank customers, similarly duped, have lost R20m. Helen Grange tells the story.

Judge slates top PE lawyer for lies and sloth.

Judge slates top PE lawyer for lies and sloth.

Two vulnerable children didn’t get the compensation they needed due to the lamentable conduct of their legal adviser, a  high-profile Port Elizabeth attorney, Nosidima Doris Ndlovu. She has landed in hot water for signing a false affidavit in an effort to shore up her bill – after managing to drag out a simple Road Accident Fund (RAF) case.

Solal: It's a ding-dong defamation row

Solal: It's a ding-dong defamation row

Health muti firm, Solal, tries to force its bitter pill on consumer campaigner, Kevin Charleston, as legal luminaries line up for court battle. Solal argues that Charleston is trying to compare Solal with tobacco companies who knowingly sold harmful products.

Would the real traffic chief please stand up...?

Would the real traffic chief please stand up...?

On paper, he’d be just the guy you’d want on your side as an expert witness. Dennis Jackson aka Denleigh de Saxe, the man with two faces, fooled the public into believing that he was a highly qualified traffic authority. He didn't disgrace himself on camera because nobody questioned his credentials or his logic.

By Gavin Foster

Liquidator's knee jerk reaction

Liquidator's knee jerk reaction

Christopher Peter van Zyl, chief liquidator of Progressive Administration, caught out at having charged R2 million more than the legally permitted fee for his administration of Asch Professional Services, offers some interesting excuses as a reason for the court to go easy on him.

Tom Eaton: Winning hands down

Tom Eaton: Winning hands down

It was shortly after South Africa bowled out New Zealand for 45 at Newlands that I began to wonder whether Jerry Bruckheimer might be wrong. The Bruckheimer recipe was seized upon by sports marketers. Their logic was solid: if the modern signifiers of action and excitement are sweaty men running in slow motion, accompanied by portentous but ultimately meaningless orchestral music, then that was how they would sell their product. Those of us up in Row Z should have been roaring. There should have been slow-mo high-fives, Bronx-accented yells of  “Dat’s whut I’m taakin’ aboud!”. After all, Jerry Bruckheimer had promised us that wherever unlikely drama met overkill, there we’d find deep, manly satisfaction. But it just wasn’t so.

UPDATES: Disgraced Louis Group splutters in SA

UPDATES: Disgraced Louis Group splutters in SA

The unravelling of the Louis Group of property companies in Europe – and South Africa – has been long in the process, although the company succeeded miraculously in keeping the bad news from its u ...

NOTES: Former Goldfields CEO recalls a visit to Nkandla and that sinister smile on Zuma's face

NOTES: Former Goldfields CEO recalls a visit to Nkandla and that sinister smile on Zuma's face

Readers who have received an email purportedly written by former Gold Fields CEO Chris Thompson about a meeting with Jacob Zuma about Nkandla have wondered: can it be real?

This is clearly not an advertisement for Outsurance, because it's true

This is clearly not an advertisement for Outsurance, because it's true

Unhappy Outsurance clients go public

On a mission – to tell the story SABC won't tell

On a mission – to tell the story SABC won't tell

Respected journalist and film-maker Sylvia Vollenhoven refuses to be intimidated by the panderings of the SABC to its ANC masters. She is determined that the South African public will see her gripping and ...
 
Financial Services Board (FSB) seeks indemnity from its many sins

Financial Services Board (FSB) seeks indemnity from its many sins

The Financial Services Board and its senior executives are facing claims for damages totalling in excess of R3bn in threatened or already pending legal action because of their allegedly negligent or malicious actions. And their ...

Pension surplus payouts: Tony Mostert calls for an apology – and gets it

Pension surplus payouts: Tony Mostert calls for an apology – and gets it

If you’ve read this story before, read it again. Some significant changes have been made since you last read it Shortly after publication, Tony Mostert of Attorneys A L Mostert & Co communicated with Noseweek ...

A run of Bad Luck costs furious Nedbank clients many millions

A run of Bad Luck costs furious Nedbank clients many millions

Retired businessman, Tiaan Lamprecht, is heading for the battle of his life as he sues Nedbank for R6.5m in savings he lost, thanks to poor investments made, against his instructions, by Nedbank ...

Judge slates top PE lawyer for lies and sloth.

Judge slates top PE lawyer for lies and sloth.

Two vulnerable children didn’t get the compensation they needed due to the lamentable conduct of their legal adviser, a  high-profile Port Elizabeth attorney, Nosidima Doris Ndlovu. She has landed in hot water for signing a ...

Solal: It's a ding-dong defamation row

Solal: It's a ding-dong defamation row

Health muti firm, Solal, tries to force its bitter pill on consumer campaigner, Kevin Charleston, as legal luminaries line up for court battle. Solal argues that Charleston is trying to compare Solal with tobacco companies ...

Would the real traffic chief please stand up...?

Would the real traffic chief please stand up...?

On paper, he’d be just the guy you’d want on your side as an expert witness. Dennis Jackson aka Denleigh de Saxe, the man with two faces, fooled the public into believing that he ...

Liquidator's knee jerk reaction

Liquidator's knee jerk reaction

Christopher Peter van Zyl, chief liquidator of Progressive Administration, caught out at having charged R2 million more than the legally permitted fee for his administration of Asch Professional Services, offers some interesting excuses as a ...

Tom Eaton: Winning hands down

Tom Eaton: Winning hands down

It was shortly after South Africa bowled out New Zealand for 45 at Newlands that I began to wonder whether Jerry Bruckheimer might be wrong. The Bruckheimer recipe was seized upon by sports ...

UPDATES: Disgraced Louis Group splutters in SA

UPDATES: Disgraced Louis Group splutters in SA

The unravelling of the Louis Group of property companies in Europe – and South Africa – has been long in the process, although the company succeeded miraculously in keeping the bad news from its unfortunate ...

NOTES: Former Goldfields CEO recalls a visit to Nkandla and that sinister smile on Zuma's face

NOTES: Former Goldfields CEO recalls a visit to Nkandla and that sinister smile on Zuma's face

Readers who have received an email purportedly written by former Gold Fields CEO Chris Thompson about a meeting with Jacob Zuma about Nkandla have wondered: can it be real? ...

Books: An imperfect hero

Books: An imperfect hero

Sir Roger Casement died a hero and a martyr – but he was not a model of perfection. Nobel literary prize winner of 2010, Vargas Llosa sets out in The Dream of the Celt to ...

Books: I have a (bad) dream

Books: I have a (bad) dream

Imagine a world in which the pharmaceutical industry has replaced your family doctor with a double who no longer relates to patients, diagnoses by numbers from a computer and dispenses drugs that patients ...

This is clearly not an advertisement for Outsurance, because it's true

This is clearly not an advertisement for Outsurance, because it's true

Unhappy Outsurance clients go public ...