Tuesday, April 08, 2008

FBI nets Fidentia Big Fish


In the same way that Google's keyword search allows news junkies to receive regular updates, i have trained my personal Babel Fish to scan the airwaves and internet for one key word:

fidentia

Ahem... That exact colour should be Burnt Umber, the internationally protected corporate pantone for Fidentia Holdings. Anyhow, listening to 05h30 radio news updates this morning I learned that

One of the alleged masterminds in the Fidentia scandal was arrested by the Federal Bureau of Investigation (FBI) in the US, the South African National Prosecuting Authority (NPA) said on Tuesday 8 April.
Spokesperson Tlali Tlali said Steven (William) Goodwin was arrested following a request by the Directorate of Special Operations (Scorpions).
According to the NPA Goodwin was detained on Saturday at Los Angeles airport by US authorities and the Customs and Immigration Department.
"Their intervention followed an alert issued by Interpol that Goodwin was en route to the USA and that a warrant for his arrest had been issued in SA in July 2007.
"Goodwin left SA for Australia in early February 2007, following the appointment of a curator to manage the Fidentia group of companies and before the Scorpions investigation was authorised in February 2007," said Tlali.
Fidentia boss J Arthur W Brown will go on trial in September on fraud and theft charges.

Full story SABC, Business day and Moneyweb

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