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Author: Moneyweb|
September
New Fidentia curator provisionally appointed
Final decision due on September 19.
The Financial Services Board (FSB) says the Western Cape High Court has provisionally appointed John Levin to replace Dines Gihwala as curator of Fidentia Asset Management and its related companies.
Gihwala resigned as curator in July.
Levin qualified as an attorney, notary and conveyance in 1967 and held a BA (Law and Economics) from the University of Stellenbosch and a diploma in law from the University of Cape Town. He is a member of the Corporate Law Alliance.
The FSB said on Wednesday Levin had “extensive experience” in the resolution of commercial disputes, following 40 years in commercial practice in South Africa.
Previously, Levin acted as curator for Ovation Global Investment Services that had R4.4billion of assets under administration on behalf of 15 000 investors, it said.
“When the curatorship had run its course, except for an outstanding claim which is being attended to by his co-curator, Mr Levin was discharged as co-curator on November 14 2012 at his own request,” the FSB said.
The court will make a final pronouncement on Levin’s appointment on September 19.
The 12 previous Fidentia curator reports were available on the FSB’s website, the board said.
IT WOULD SEEM THAT MOST CRIMINALS ARE HIDING BEHIND GOVERNMENT INSTITUTIONS..?
ReplyDeleteSOUTH AFRICA IS DOOMED!!