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Niehaus debt resolved
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Fri, 16 Jan 2009 12:18
ANC spokesperson Carl Niehaus and trustees of insolvent mining magnate
Brett Kebble have reached an agreement over money they want from him,
which means his assets won't be attached, Niehaus said on Friday.
Business Day reported that trustees of Kebble's estate had applied
to court to attach Niehaus's assets for allegedly failing to repay a
R100,000 loan.
Niehaus told Sapa that the money he received from Kebble, who was
murdered in 2005, was payment for media work done by the media and
consultancy company he ran from 2003 before becoming an ANC spokesperson.
Liquidators believed that he had been paid for this work when Kebble
was insolvent.
Niehaus explained that contesting the claim for the money would have
cost him more than the amount in legal fees, so he agreed to repay it.
However, a dispute arose over the amount of interest and it was
during this period that the attachment order came about.
His lawyers had
since reached an agreement with the trustees and
from the end of January he would repay R10 000 a month for 10 months.
"The story is sorted out. The payments will proceed at the end of
this month," he said.
Business Day said the court order against Niehaus was not the only
one. Trustees were trying to recover R25-million from Kebble
beneficiaries.
These included the African National Congress, the ANC Youth League,
Kebble's brother, Guy, and financial journalist David Gleason.