Markus Jooste resigns - some squeaky bum time

ALL THAT GLITTERS IS NOT GOLD.

A lesson that we should all learn!!!

I also understand that Anton Marcus gets a monthly retainer from Jooste to ride his horses.

Wow Anton must be worried of losing his retainer!!!

I see in an article on News 24,that the Moodley family's in the spotlight again

Felix wrote: I see in an article on News 24,that the Moodley family's in the spotlight again

Jooste and Moodley, same whatsapp group.

The missing link wrote:

Felix wrote: I see in an article on News 24,that the Moodley family's in the spotlight again

Jooste and Moodley, same whatsapp group.

Pietermaritzburg - Roy Moodley, controversial KwaZulu-Natal racehorse owner and friend of President Jacob Zuma, is again in the spotlight in a KZN court battle.

Shanaaz Ally, who claimed in evidence that she had been arrested and detained for five days at Moodley’s behest after she told his wife he was allegedly having an affair, has won a civil case against the arresting officers.

Ally sued the policemen, Inspector Ganas Moodley and Constable Karl Harrichall of Durban North police station, and Durban regional court magistrate V. Noncembu ruled in her favour, finding her arrest and detention in April 2013 were unlawful and “actuated by malice”.

In the judgment, the magistrate raised issues about the relationship between the arresting officers and Roy Moodley’s son, Magesh.




Ally’s attorney, Leon Dunn, said on Friday his client would now proceed with a claim for damages.

Threatened

Ally had testified that she was working at Gateway Shopping Centre in April 2013 when she was called by Moodley’s wife, who insisted she wanted to see her regarding what she had told a friend “about her [Mrs Moodley’s] husband’s affair”.

She met with Moodley’s wife, who was in the company of her son, Magesh.

Ally said Roy Moodley arrived half-an-hour later and asked his wife “what she was going to do” about his alleged affair. His wife burst into tears.

“I decided to leave the family together ... as I walked up the escalators Mr Roy Moodley threatened to have me arrested. He said he would ‘show me’.”

On the way, she met two police officers who said they had been called by him.

“They told me to come with them ... they took me to an underground parking where they shoved me into a vehicle. They took me to Durban North police station. At the station I heard one of the officers telling another that they would charge me with anything they could find and make it stick.”

Ally was charged with conspiracy to murder, crimen injuria and extortion. When she appeared in court the officers asked for a seven-day remand for further investigation.

Before the next court date, she signed a statement.

“I was told that if I wanted to go home I must sign it”, and the charges were withdrawn on the same day.

Murder plot

In their evidence, the arresting officers said they had reacted to a report from Magesh Moodley that there was a plot to kill his mother. He had said he was “meeting the suspect” at Gateway.

Inspector Ganas Moodley said he fetched Harrichall from the police station and went to the centre where Magesh told him Ally wanted R5 000 for information and that R5 000 had already been paid.

Ally was “very aggressive, ranting randomly and naming others, including a Nigerian who was involved”, he said.

He said no statement was taken from Magesh Moodley’s mother because she was “too traumatised” but Magesh made a statement instead.

The charges were withdrawn in court on April 24 after Magesh filed a “withdrawal statement” after allegedly meeting with Ally’s family, who told him she was “mentally ill”.

Two 'mutually destructive versions'

The magistrate said she was faced with two “mutually destructive versions” and credibility of witnesses and probabilities played a crucial role.

She said although Ally was not the best witness, she was “firm in her testimony and did not waver under cross examination”.

She expressed concern that the officers never obtained a statement from Mrs Moodley, who was the alleged victim of the case.

“There is cause for concern when one considers the probabilities. Inspector Moodley and Magesh Moodley are known to each other. Inspector Moodley was called on his cellphone and he decided to attend to the complaint without referring it to the charge office, despite the fact that he had to fetch his partner from there.

“It is also noteworthy that they share the same surname and are on a first-name basis and even visit each other.”

Money can buy a lot of things, but sadly not brains and class.

Taken from EWN:

The Johannesburg Stock Exchange Ltd (JSE) has launched an investigation into whether embattled retailer Steinhoff broke its disclosure rules, it said on Monday.

Steinhoff is in the middle of an accounting scandal that has wiped off more billions of dollars off its market value.

Meanwhile, Parliament's Portfolio Committee on Public Service and Administration has called on the regulatory authorities to investigate the Steinhoff scandal to allay fears among those who've been affected.

Steinhoff CEO Markus Jooste stepped down last week amid allegations of accounting irregularities at the global furniture retailer.

Since then, Steinhoff has lost about 90% of its stock value on the JSE.

This has affected the pension savings of thousands of public servants.

The public service committee's chairman Cassel Mathale says government must take an interest to understand what really happened.

“Despite the fact that we’re not going to put an investigation but because it is a constituency that we work with, we should make an appeal to those in government who are responsible for financial matters, and the PIC [Public Investment Corporation] in particular, to look at this because it involves them.”

Shares on the up www.iol.co.za/business-report/companies/...vering-fast-12357597

Some good news sounds like pension funds survive

Citizen

At this point still shaky.

Most of those involved in this saga, will have relished the opportunity to acquire further shares at ridiculous prices and increase their wealth substantially in a short space of time - if the current deals hold and the lenders maintain trust?

While there has been a huge public outcry, the people involved vilified - the truth as always will likely be somewhere down the middle of the doomsday scenario sold by those hoping to profit or fill the voids left behind.

Some dirty washing on news 24


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www.news24.com/SouthAfrica/News/exclusiv...with-a-view-20171213

And the plot thickens. .....