Tuesday, April 01, 2008

A tribute to April Fools

Once upon a time there was a small financial services company called Fidentia. The FSB (SA Financial Services Board not the former KGB) were alerted to certain irregularities and the company was placed under high-court approved curatorship. The team of curators (ahem corporate skellums) includes alleged Chief Sacred Cow Dines Gihwala and Labour Law Sidekick Gavin Stansfield. The problem is. A sh1tload of money was stolen from widows and orphans through the Living Hands Trust (aka the Thieving Hands Trust ). So technicaly there was no money left to pay 600 (odd) retrenched/fired Fidentia employees. No salaries, pensions, payouts. But how the freaking hell are these Fat Cat Curators (FCCs) going to be paid? It's estimated the curators of a Fidentia-embroiled company called Ovation are billing at ZAR15 000 per day. See Op-Ed on this issue.

Forget about pulling wool over our eyes. These FCCs, like the Boys from Hofmeyr, have rammed the SA taxpayer's head inside an entire sheep.


The Usual Suspects (alleged)
Dines Gihwala (Chairperson of Hofmeyr Herbstein & Gihwala Inc)

Dines (left) is involved with various law councils. He has also sustained his membership of the Hindu Cultural Society and NADEL, both of which he has served in an executive capacity. Dines is a member of the Free State University Council and serves on the board of several companies both public and private. Dines is married to Shanti and they have three children.





Gavin Stansfield (Director of Hofmeyr Herbstein & Gihwala Inc)
Gavin (left) has been involved in a number of high profile strike matters acting on behalf of corporate clients. He regularly appears in the CCMA, Labour Courts and private arbitration forums. Gavin was appointed as a Director of Hofmeyr in 2006 and practises in the firm’s Cape Town office. In his spare time, he enjoys making the most of Cape Town by playing golf, cycling, hiking and kite-boarding.

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