Category: RMB PRIVATE BANK

Auction Alliance paid off bank officials, says report – paying referral commissions to bank officials at Absa, Nedbank, RNB/FNB and Investec.

Auction Alliance
Auction Alliance

WHILE mandated to market and sell bulk properties on behalf of Absa, Auction Alliance allegedly acquired some of the residential units for itself without disclosing this to the bank.

Auction Alliance is also accused, in the Greyling forensic report that Business Day has seen, of paying referral commissions to bank officials at Absa, Nedbank, RNB/FNB and Investec.

The report is the product of a forensic probe carried out by Allan Greyling and his team at Accountants at Law (A@L) in 2012. It has been buried away from the public eye ever since.

www.bdlive.co.za/companies/2016/05/18/auction-alliance-paid-off-bank-officials-says-report

RMB PRIVATE BANK and MUTSA CECLIA MASIYANDIMA

In the matter between: FIRSTRAND BANK LTD, t/a RMB PRIVATE BANK, Plaintiff, and
MUTSA CECLIA MASIYANDIMA, born 21 November 1967, Defendant
NOTICE OF SALE IN EXECUTION (IMMOVABLE PROPERTY)
In execution of a judgment of the High Court of South Africa (Gauteng Division, Pretoria), in the above action, a sale as a
unit without a reserve price will be held by the Sheriff, Pretoria East, at Christ Church, 820 Pretorius Street (entrance also at
813 Stanza Bopape Street, formerly known as Church Street), Arcadia, Pretoria, on 25 June 2014 at 10h00, of the undermentioned
property of the Defendants on the conditions to be read by the Auctioneer at the time of the sale, which conditions
will lie for inspection prior to the sale at the offices of the Sheriff, Pretoria East, at 813 Church Street, Arcadia, Pretoria.
Being: Portion 3 of Erf 720, Lynnwood Glen Extension 2 Township, Registration Division J.R., Province of Gauteng,
measuring 554 (five hundred and fifty-four) square metres, held by Deed of Transfer No. T40688/2007, subject to the conditions
therein contained, specially executable.
Physical address: 138 Pennysway, Lynnwood Glen Extension 2, Pretoria.
The following information is furnished regarding the improvements, though in this respect nothing is guaranteed: A dwelling
consisting of (not guaranteed): 3 x bedrooms, 3 x reception areas, 2.5 bathrooms, 1 x kitchen.
Outbuilding: 1 x bedroom, 1 x bathroom, 3 x garages and 1 x laundry.
In terms of Regulation 32 of the Consumer Protection Act 68 of 2008 potential bidders must register in the bidder’s record
with the Sheriff, prior to the sale, which registration must meet the requirements of the regulations in terms of the Financial
Intelligence Centre Act, 38 of 2001.
Dated at Pretoria this 23rd day of May 2014.
Delport Van den Berg Inc., Attorneys for Plaintiff, Summit Place Office Park, Building 2, 221 Garsfontein Road, Menlyn,
Pretoria, with temporary entrance at 220 Thys Street, De Beers, Pretoria. GPS Coordinates: 25°47’12.60”S; 28°16’17.66”E.)
Tel: (012) 361-5001. Fax: (012) 361-6311. Ref: Eddie du Toit/BF/RMB0094.

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