He’s been called ‘A crook and a fraudster. An animal and a disgusting waste of skin and bones’.
IN JULY LAST YEAR, NOTORIOUS CZECH fugitive and gangster Radovan Krejcir stood in the dock in the Johannesburg Magistrate’s Court in connection with a money-laundering scam that defrauded the Central Bank of Swaziland of R7.6 million. Next to him stood his three co-accused – a prominent Gauteng businessman, Nico Oosthuizen, a relatively innocuous individual called Keith Bain and a Dr Mahendran Munsamy. (See box.)
There have been several postponements since, and their next court appearance was scheduled to take place shortly after Noseweek went to press.
The world knows about Krejcir – but where had we heard of Dr Munsamy before? A bit of research revealed that the wealthy, suave medical doctor with a portfolio of lavish properties, from Hyde Park to Sandhurst, Johannesburg, has previously featured in a variety of elaborate, convoluted and allegedly criminal schemes involving South African banks and petroleum companies, a corrupted bank manager and the criminal underworld.
Of particular interest was the extraordinary evidence we found contained in case file number 2014/27890, at the Gauteng Local Division of the High Court. It contains the record of an application brought by South African Petroleum and Energy Guild (Sapeg) – a company controlled by Mahendran Munsamy – against RMB Private Bank (a division of FirstRand Bank Ltd) in August 2014. The bank had frozen his accounts because they had come to the conclusion that he was using them for money laundering other unlawful purposes. (He also happened to owe the bank a couple of hundred million on some fraudulently obtained bank guarantees.
Munsamy denied the accusation and applied to court to order the bank to release his funds.
Remarkably, considering the nature and extent of the evidence presented and the issue of law raised in it, the case appears to have escaped media attention until now.
هذه القصة مأخوذة من طبعة February 2017 من Noseweek.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة February 2017 من Noseweek.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Lennie The Liquidator Faces R500,000 Defamation Suit
After losing his cool when his fees were questioned
Panel Beater De Luxe
Danmar Autobody and its erstwhile directors get a serious panel beating in court papers. Corruption and theft are said to have destroyed the firm chaired by Nelson Mandela’s eldest daughter, leaving 200 workers destitute and threatening to kill.
Meet Covid Diarist Ronald Wohlman
Ronald Wohlman – EX SOUTH African copywriter, author, and actor – never dreamt that his lockdown diaries, written on Facebook and followed by people all over the world – would become his “life’s work”.
A Picture Of Peace?
Beware: Appearances can be deceptive
Flogging A (Battery-Driven) Dead Horse
Why plug-in vehicles are not all they’re cracked up to be– and, likely, never will be
Everybody Drinks Corona
I am hesitant to go Into the pub today. Not because it’s illegal, but there is a crème colored 1985 Mercedes 300D parked behind the pine tree. This means the devil is inside; that’s what we call Dr. De Villiers. You don’t know whether you will encounter the good doctor with the charming bedside manner or the violent, bipolar bully. The problem is, most of the time, you can never be sure which it is, so it’s best to always keep a social distance.
Never Take A Hypochondriac To A Pandemic
From Ronald Wohlman’s New York Corona Diary
The money train
Transnet in court battle with liquidators of Gupta-linked audit firm over R57m in ‘corrupt’ payments and invoices
‘He's no pharmaceutical genius, he's a vulture'
Pharma con seeks prison release to ‘help find Covid cure’
Bush school – A memoir
OUR SCHOOL WAS IN THE MIDDLE of the bush, ten miles from the nearest town in the harsh beauty of the Zimbabwean highveld. It started life in World War II as No 26 EFTS Guinea Fowl, a Royal Air Force elementary flying training school and I arrived there in 1954, just seven years after it became an all-white co-ed state boarding school.
