They lied!

Noseweek Issue #238, 1st August 2019   By Martin Welz


They lied!

What Investec and Peter Gray knew and lied about in South Africa's second-biggest corporate fraud on record.

Yet again, we return to the subject: the strategies employed by Investec and its auditors KPMG with the help of Peter Gray to avoid being held accountable for Investec’s role in – and as a major beneficiary of – Brett Kebble’s theft of shares worth billions from Randgold, a company that Kebble directed.

To protect themselves, Investec and KPMG have jointly contrived to ensure that JCI never produced legally compliant audited annual accounts, as these would have to reflect a massive contingent liability to Randgold, and expose Investec and its appointed directors to huge damages claims, liquidation and possible criminal prosecution.

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Keywords:
David Nurek
Peter Gray
T-sec
Investec
Chris Lamprecht
Theft of shares
Brett Kebble
JCI
Randgold and Exploration Company Ltd
Société Générale
Bossau Beyers “bossie” Boshoff
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Submitted by : cooldog on 2019-07-26 08:14:02
It is indeed a pity that Barry Seargent passed away as he wrote a number of books on how Investec and cronies aided and abetted the theft of the shares and then proceeded to strip Brett Kebbles assets.
One of the books "The Kebble Collusion" details and confirms most of the above.

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