The SARB said at the time there was evidence she bought the assets with loans she received from Mayfair Speculators, a horse-racing company owned by Jooste's family trust.
In this week's judgment, the court said it was common cause that Odendaal had received around R60 million from Mayfair. Lawyers for Odendaal and the bank hashed out an agreement in 2021 for the bank to release R150 000 month from one of her blocked accounts for all"reasonable" expenses, including around R80 000-a-month stabling for her polo ponies. But the agreement broke down in February 2022, after Odendaal repeatedly tried to get the bank to also cover her legal bills. , Odendaal's bid backfired.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Africa: Mining Companies Eye the Last Unspoilt Strip of the Western Cape's West CoastMining Companies Eye the Last Unspoilt Strip of the Western Cape's West Coast GroundUp_News: SouthAfrica
Source: allafrica - 🏆 1. / 99 Read more »
Mining companies eye the last unspoilt strip of the Western Cape’s west coastThe last, relatively pristine section of the Western Cape coastline between the Olifants River and the Northern Cape border is threatened by two new mining-related applications.
Source: mailandguardian - 🏆 2. / 92 Read more »
Mining companies eye the last unspoilt strip of the Western Cape’s west coastApproval of two applications to prospect on the coast between the Olifants River and the Northern Cape border are pending, despite no environmental assessment of the combined effects being done.
Source: ewnupdates - 🏆 30. / 53 Read more »
Mining companies eye the last unspoilt strip of the Western Cape’s west coastThe last, relatively pristine section of the Western Cape coastline between the Olifants River and the Northern Cape border is threatened by two new mining-related applications.
Source: CapeTownEtc - 🏆 17. / 63 Read more »