Are the NHA acting with integrity wrt Mayfair/MJ?

  • mr hawaii
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Re: Are the NHA acting with integrity wrt Mayfair/MJ?

7 years 4 months ago
#712827
Bob Brogan wrote: Hawks meet with Steinhoff leadership m.fin24.com/Companies/Retail/hawks-meet-...rkus-jooste-20180207

The Companies and Intellectual Properties Commission, meanwhile, has reportedly given the Steinhoff board six months from the start of February to identify who was behind the accounting irregularities and institute criminal action against them.

not sure who or how much if any power the CIPC has but I'm certain that if some type of fraud is uncovered MJ will not be alone in the dock as that board could all have been given Professorships at any University with all their purported skills and achievements... I really doubt that one man could have hidden irregularities from all of these people.
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  • Len Sham
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Re: Are the NHA acting with integrity wrt Mayfair/MJ?

7 years 4 months ago
#712829
My question is until the 5 December 2017. Everyone involved with the man and his companies never questioned his wealth , expenditure or credentials as a businessman this includes his boards ,investment advisers stock exchange overseas investments and purchasers and his buying up of so many companies.So how come the racing fraternity in. S A who were partners ,trainers breeders and other committees he was involved in are called corrupt and were part of the capture of racing. Whose job in racing is it to say sorry your money is no good ( as i assume every deal was approved via the various banks ) and you have spent to much in racing and we are questioning how your wealth was obtained.. with hindsight very easy ...

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  • Warren Laird
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Re: Are the NHA acting with integrity wrt Mayfair/MJ?

7 years 4 months ago
#712833
Len you have a point - I must say I for one did question it a few times eg Meeting with Rodney Dunn in 2010 where I was told to leave him alone and that all he wanted was to see his Son finish varsity and enjoy his life in Stellenbosch. He was good thats all I can say . If he can convince the fellow directors of all entities then what chance did the man on the street have.

But wait until SARS gets hold of him , then I will feel sorry for him , I had a VAT audit in 2013 and the stress they put me (Mr Nobody) under was sickening . I feel sorry for him it will run into the Billions. And that is stealing from the Public you and Me , if you pay taxes correctly why did he and his companies not ?

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  • Len Sham
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Re: Are the NHA acting with integrity wrt Mayfair/MJ?

7 years 4 months ago
#712834
Warren tax wise I can't comment but for sure when his company lay charges against him and whoever else the pressure will become a nightmare.. again my question is how can you ever stop a person in the racing industry who spends like no tomorrow to confirm he is legit ...

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  • mr hawaii
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Re: Are the NHA acting with integrity wrt Mayfair/MJ?

7 years 4 months ago
#712835
Len Sham wrote: Warren tax wise I can't comment but for sure when his company lay charges against him and whoever else the pressure will become a nightmare.. again my question is how can you ever stop a person in the racing industry who spends like no tomorrow to confirm he is legit ...

i suppose maybe a copy of your personal tax returns? maybe?

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  • Warren Laird
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Re: Are the NHA acting with integrity wrt Mayfair/MJ?

7 years 4 months ago
#712836
You cant when they come in , nobody can . But what we can do is make examples of this and others that anyone thinking about it , will think twice.

eg Has anyone noticed how many Roy horses are running lately or a new example that is coming of a big buyer that has not got to many horses left , because the Hawks are on to him for Tender Fraud .

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  • Warren Laird
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Re: Are the NHA acting with integrity wrt Mayfair/MJ?

7 years 4 months ago
#712837
When racing I always had a philosophy, that if I could not beat him and his cronies in the boardroom I would beat them on the race track.

Did it many times and very happy I did.

I often wonder why or what I want out of this whole situation .

Three things that I would never be able to afford on my own , now they are a possibility and that is a Forensic Audit on Phumalela , the RA and the Racing Trust .

Then I will die a very happy man because justice will be served and I will have done something for racing than just have my name on some wooden board in the Elevation Room.

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  • Over the Air
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Re: Are the NHA acting with integrity wrt Mayfair/MJ?

7 years 4 months ago
#712847
The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.

In the end, we will remember not the words of our enemies, but the silence of our friends.

MLK
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  • gg
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Re: Are the NHA acting with integrity wrt Mayfair/MJ?

7 years 4 months ago
#712851
Over the Air wrote: The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.

In the end, we will remember not the words of our enemies, but the silence of our friends.

MLK[/quote

Life is about how you finish the race not how you start it .!!!]

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  • mr hawaii
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Re: Are the NHA acting with integrity wrt Mayfair/MJ?

7 years 4 months ago
#712862
Len Sham wrote: Warren tax wise I can't comment but for sure when his company lay charges against him and whoever else the pressure will become a nightmare.. again my question is how can you ever stop a person in the racing industry who spends like no tomorrow to confirm he is legit ...

I think its actually impossible - Both MJ and Van Vuuren bought lots of properties with their loot and there are far more checks and balances there than when you buy a horse and those were not picked up by the estate agents and banks(in MJ's case I can't think agents or banks could ever be blamed but with Van Vuuren it was pretty obvious from his pay slip that he could never afford what he bought legitimately) ... If the NHRA starts making all sorts of rules it might just chase owners away who are legitimate but don't want their every move monitored by SARS - The crooks will always come but it's how long it takes for them to fall and how little influence they are allowed by the operators that matters

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  • Len Sham
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Re: Are the NHA acting with integrity wrt Mayfair/MJ?

7 years 4 months ago
#712863
Mr h I agree with you how do you control who is legit and who is not... ;)

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  • oscar
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Re: Are the NHA acting with integrity wrt Mayfair/MJ?

7 years 4 months ago
#712866
My only comment on this and the HHRA. When I and a few Indian Drs in Durban applied for colors to race horses.. the amount of paperwork we had to provide was huge.. however we had so much love for the game that we did it.. then came the interviews in the boardroom which checked what our jobs were , where we lived the lot, talk about FICA today this was FICA on steroids.. we did it , one of my great friends who is now a highly esteemed Professor of Medicine was interviewed for over 2 hours.. after that by the way the authorities then allowed you colors for maybe one horse or two horses or a % of one horse.

I accept times have changed and anybody can now go and get colors for 200 horses with one application form. However with that comes problems.. all trainers want new owners but cry when they don't pay their bills.. the authorities want new owners but don't interve when bills related to training, transport, vet etc bills are not paid... why not?
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