Data provided by McGregor BFA
All data is delayed
Loading...
See More

Machanik back in court

Feb 17 2012 08:23 Sapa

Related Articles

Machanik case postponed

Machanik house goes under the hammer

Machanik's house sold in auction

Agency board rejects Machanik's claims

Machanik's criminal case postponed

Machanik may not touch accounts: order

 

Johannesburg - Former estate agent Wendy Machanik's criminal case is set to continue in the Johannesburg Specialised Commercial Crimes Court on Friday.

Machanik and the chief financial officer of Wendy Machanik Property Holdings, also its chief financial officer, Bruce Bernstein, had their case postponed in October last year.

This was to allow the defence counsel to submit representations to the National Director of Public Prosecutions.

The two face charges that include conspiracy to commit fraud, failing to keep accounting records and failing to reflect over 100 transfers between the trust account and business account.

Machanik is out on bail of R25 000 and Bernstein is out on R5 000 bail.

The high court in Johannesburg made a final order in May last year, prohibiting Wendy Machanik Property Holdings or Machanik herself from operating "trust, savings accounts or other interest-bearing accounts".

The high court ruled Machanik should not be granted a fidelity fund certificate for 2011, which would have allowed her to operate as an estate agent.

 
wendy machanik
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

Zuma: Pray for peaceful polls

President Jacob Zuma has asked members of the Universal Church of the Kingdom of God to pray for peaceful elections on 7 May.

 
 

Latest elections multimedia

Why Jack Parow wants you to vote on 7 May
The ad the SABC doesn't want to air
Elections 2014 in one cartoon
This year's election posters

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...