Hendrie Hattingh [mailto:hendrie@norange.net]
Sent: 29 April 2013 09:07 PM
To: 'Bruce Brodie'
Subject: RE: Info

Hi Bruce

Thank you- I had a fantastic weekend and slept through for the first time in 3 months.

Yes our initial instruction was to send the Pre-Advice (MT799) and we would have responded with the RMA Keys (MT199) – but they were very clever and told us they do it without that.

If she communicated her Facility holder’s concerns – we would have had ample time to fix it. Now there is a Mexican stand-off as she wants us to send a message requesting the keys (MT 199/999) for fix her F-up while still pointing fingers.

The issue is the funding party (receiving bank) cannot do this as the banking act views this as solicitation- so she is talking trype and doesn’t know how it works.

Anyway – remedies:
1. We have lined up 2 transactions- once cash and another instrument each to cover the 20M – the moment the funds clear we will pay out our contractual obligations to you and the rest of our group.
2. I am meeting CDC to convince them to fix the stuff-up amicably. If not, our advocates will address the breach in contract and force them to re-issue following our initial instructions.
3. I have requested meeting with the facility holder in Hong Kong in addition.
4. We have already closed her sub-facility and if this continues I will take the knock, but also see to it that she is out of business permanently.

Timewise:
For now I am still within the 3 weeks, and will keep you ontrack with deliverables and proof thereof.
Your support and understanding with the process is very highly appreciated – and I will make up for any inconvenience by continuing my support of your group beyond good and proper.

Kindest regards,

Hendrie Hattingh
President & CEO
Norange Capital Markets (Pty) Limited

10/F, TOWER A, BILLION CENTRE • 1 WANG KWONG ROAD • KOWLOON BAY • KOWLOON • HONG KONG
• +852 8199 0241 • www.norange.net • e-mail: hendrie@norange.net




From: Bruce Brodie [mailto:bruce.brodie@retailproduce.co.uk]
Sent: 29 April 2013 10:04 AM
To: 'Hendrie Hattingh'
Cc: Emil Van Wyk
Subject: RE: Info

Morning Hendrie,

Hope you had a good weekend and enjoyed the rest of your birthday.

So the wheel turns.

This women says she can help but so far she seems to have just failed. Why were these processes not planned for on her part?

Please give us a short story of where to now.

MT199
MT999
MT760
RMA

How long do these take and can we still work on your 3 weeks?

Thanks again


Kind Regards,

Bruce Brodie
Mobile: +27 (0)82 800 9439
Skype: pbrucebrodie

http://www.retailproduce.co.uk/disclaimer.html



From: Hendrie Hattingh [mailto:hendrie@norange.net]
Sent: 29 April 2013 07:48 AM
To: 'rajendra popatlat'; roger chong
Cc: Johan Wilken; Bruce Brodie; Shaun Smuts; Dr. André Homberg; Erick Berthin
Subject: FW: Info

FYI

From: Yolande Olivier - CapitalDotCom [mailto:yolande@capitaldotcom.com]
Sent: 28 April 2013 10:16 PM
To: 'Ernie Barrett'
Cc: 'Hendrie Hattingh'; gavin@capitaldotcom.com; 'Gavin Millar'
Subject: Info

Dear Ernie,

Trust that you are well.

We were approach by your group to assist in the delivery of instruments, SBLC in the format of a MT 760.
You wanted to have proof that we could deliver and Gavin Millar presented previous transactions to you as proof of what we have done.
The first contract was signed for the first 20 Million Euro and payments were made to our account that we were not even aware of.
We discussed the payments with you and were told the purpose of the payments. Immediately we secured the following:

1 x 20 Million Euros in the format of an MT 760
2 x 40 Million Euros in the format of an MT 760

The above was secured and confirmed. We started with the 20 Million Euros.

20 Million Euros.
We applied for the swift (MT 760) to be delivered to Standard Charter Bank in Hong Kong. Our senior facility holder kept on contacting me and requesting the RMA Keys. I kept on arguing with him saying that Standard Charter is ready to receive as per the signed contract with my client.
This went on for nearly two weeks and your group (and rightfully so) grew very impatient with CDC.

Eventually the Swift MT 760 was delivered and I received a copy. I handed the copy to you and for the first two days your group was happy and then the swift could not be traced. (That is when I realised that my facility holder was correct regarding the RMA Keys)
With all the bank experts among us we will all answer and say: The swift cannot fall into your account because the receiving bank did not establish RMA keys.
I did what any sender would do and asked for a Swift MT 199 to be released to Scotia to open RMA communication.
Immediately the reply was that we must send.

For the record – Gavin will return tomorrow from Egypt where we delivered an SBLC MT 760 to our client of two years. We experienced some problems but we solved it and we are pleased to say that all went well.

I delivered an MT 760 to EXIMBANK in China. The RMA keys were not in place and the client knew exactly what was expected and without us telling him he sent the Swift MT 799 requesting the RMA Keys.
I am pleased to report that the Swift will be delivered within this coming week.

Ernie the first day we met with Hendrie in our office I made it very clear that I supply you with the sending (issuing) bank details and the receiving bank must be ready to receive and if not we will rectify. I also made it very clear that we only send the MT 760.
At the very same meeting I also indicated that our bank only communicates via swift because of the nature of our business.
The contract was signed.

The current situation is that you are asking me to send an MT 999 with a letter followed by a phone call. Ernie, not once did I ask you for a facility letter or to check with your bank if they are ready to receive.
I don’t do things like that because I believe my clients and we have a contract in place which indicates each party’s responsibility.
I cannot send a MT 999 or a MT 199.

Ernie, you know CDC is real and I am in a position to proof our success in the past year. We have never experienced these current problems and threats. As I explained, my intention is to do honest business and I do not appreciate the threats about the “mafia” and “the people we know” and “my clients know it all”.
Previously we were threatened by you with the Police!
In the past week I challenged you to send a swift to our bank – if we were anything close to fake I would not be so stupid to ask you for a swift.
Seriously. Are the threats going to solve the problem?
The only thing it does is creating delays.
We never returned the threats, we have discussed this with our Lawyers but never disgraced our professionalism by threaten anybody.

I don’t know the structure within your group but one day it is good to speak to the one person and the other day not. Our contact point is Gavin Millar and I cannot tell you anything more than what he already did. When I said that CDC will contact Raj, I don’t have to be the person talking with him. Gavin contacted Raj on Friday and again I was questioned why I did not contact Raj.

That brings me to your refund.
We reserved a 40 Million Euros Instrument on your (meaning your group) instruction. When you decided to cancel the instrument, I handed the paperwork and cancelled it. This is a process. It is not that I can take the money from the one account and pay to the other account.
As I mentioned before and I will again: We are not in this business to take/steal our clients money. Of course we want to make money, but not by stealing.

I want to assist you with the solution for the swift and for two simple reasons. Firstly, we want to make money (it may sound selfish but this is why we are in business) and the second reason is that I don’t want to fail my facility. I cannot afford to.
I can assist you.

Ernie, your group can threaten me as much as they want or you can introduce me to your mafia or you can harass our offices if it will make them feel better. We all know people with some kind of influence but I suppose how we use it is to our own judgment.
I don’t want to be associated with people like that and the art of war is to keep your mouth shut and put performance on the table.
Gavin will contact you tomorrow and we meet to resolve this situation. My suggestion is that we contact Raj while we are in our meeting. We have to find the solution.

We will be in touch.

Kind Regards
Yolande




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