n Without Prejudice - Beware the dangers of a tarnished reputation : financial law
|Article Title||Beware the dangers of a tarnished reputation : financial law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Nov 2010|
|Keyword(s)||Cliffe Dekker Hofmeyr|
Mr Bredenkamp held a number of accounts at the Standard Bank (both personal accounts as well as accounts held in the name of various entities controlled by him). On November 25 2008 the US Department of Treasury listed Bredenkamp as a ''specially designated national'' (SDN) because of his association with President Mugabe, and because Bredenkamp was said to have provided financial and logistical support to ''Mugabe's regime''. The truth or otherwise of the relationship and allegations relied upon by the US Department of Treasury is unknown, and was not an issue for determination in the matter heard before the Supreme Court of Appeal (SCA) in the recently reported judgement of Bredenkamp vs Standard Bank 2010 (4) SA 468 SCA.
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