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Thread: 'Millions missing' at Fidentia

  1. #41
    Diamond Member AndyD's Avatar
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    I don't think the judge had too much latitude in sentancing after the rediculous plea bargin that was accepted by the NPA.
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  2. #42
    Site Caretaker Dave A's Avatar
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    I agree. It seems it's the prosecutors that need to do some explaining.

  3. #43
    Platinum Member sterne.law@gmail.com's Avatar
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    I believe that the prosecutors failed to properly present a case for jail
    Anthony Sterne

    www.acumenholdings.co.za
    DISCLAIMER The above is merely a comment in discussion form and an open public arena. It does not constitute a legal opinion or professional advice in any manner or form.

  4. #44
    Diamond Member wynn's Avatar
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    I have had the impression for a while now that although Brown did play fast and loose with the money he did not steal it, it was just not where it was supposed to be.
    Once the curators got hold of what they could, which was not very much, they colluded to sell whatever assets they did find for bottom dollar to their friends.
    Brown has offered to help recuperate this semi-legally stolen money for the pensioners.

    My suspicion is that the bulk of the money is safely invested overseas and Brown will somehow arrange the return of only the capital and sail off into the sunset with the unknown interest and capital growth.
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  5. #45
    Platinum Member Marq's Avatar
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    6 Years to try and nail him. Trial by Media and internet armchair critics. Incompetent prosecution activities. Curators FSB and others accused of theft, corruption, mismanagement and infighting......and not by Brown.

    With all that going on since the story broke, perhaps it is true that Brown was just the patsy and fall guy that he has always said he was.
    I dont know why everyone is so certain of his guilt and wants to ensure he continues life in prison. What ever happened to Innocent until proven guilty. Sure he did a deal - wouldn't you, given those circumstances. Maybe he is not that innocent, but I dont think he is that guilty either - certainly not as guilty as the host of individuals and organisations that have helped themselves to the 'spoils' which seemed to have been flitted away.

    According to Machin, the Fidentia curators have spent R2m defending applications from the Antheru Trust, whose assets were managed by Fidentia. “All Antheru wants is access to their information. The statements of account that reflect the history of the funds invested, and current position of the funds that are available.”
    from Moneyweb site.

    Just one current example. Why are they so keen to defend the paperwork - something that should be an open book - not spend the funds intended for investors on keeping those same investors at bay?

    Brown was just not as guilty as all the Loungechair Lizards would have him be. Mismanagement, naivety.....perhaps. Fraud, corruption and really bad stuff - prove it first.
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  6. #46
    Site Caretaker Dave A's Avatar
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    Being robbed by the cops at the crime scene doesn't reduce the culpability of the criminals who did the crime that got the cops there.

    Hats off to Brown for doing such a great spin job though. Incredible!

  7. #47
    Diamond Member Citizen X's Avatar
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    Quote Originally Posted by Dave A View Post
    Being robbed by the cops at the crime scene doesn't reduce the culpability of the criminals who did the crime that got the cops there.

    Hats off to Brown for doing such a great spin job though. Incredible!
    Well, theres' no dragging him behind a police van
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  8. #48
    Diamond Member wynn's Avatar
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    "Nobody who has succeeded has not failed along the way"
    Arianna Huffington

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  9. #49
    Platinum Member Marq's Avatar
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    I rest my case m'lud.

    Love this interview - http://www.noseweek.co.za/relocate/M...20CapeTalk.mp3
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    Diamond Member Blurock's Avatar
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    The only beneficiaries in this case appears to be the lawyers who walk away with millions in fees, regardless the outcome of the case.
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