It seems that the curators have figured out where R100mil of the money has gone....

This was said by co-curator George Papadakis, who told Moneyweb this week: "We know where every cent is and who has got it. Some have offered to repay; others are choosing to fight us."

While much of the R1,6bn belonging to widows and orphans whose funds were entrusted to Fidentia was spent in an extravagant corporate spending spree, more than R100m "found its way to people who shouldn't" have accessed it, he said.

So far, about R300m has been repaid to investors, said Papadakis.

Full article on MoneyWeb