Mr Moti's initiation by fire


Mr Moti's initiation by fire

With the help of Absa bankers the property dealer lured small-time investors into perilous deals.

Farooqi wrote to Moti, thanking him for offering to settle the outstanding bond. Unfortunately for Farooqi, Moti failed to settle anything.

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Submitted by : Michael Smythe of Tokai on 2009-10-12 11:36:46
How the hell is this allowed to go on , where are the checks and balances , ABSA is really covering itself in muck, the funds they advanced to the other Property developers ( 3 brothers ), how much have these idiots at ABSA cost the shareholders?
 
Submitted by : Donovan Jackson of Weltevreden Park on 2009-10-05 19:42:13
Aww, bit of a cop out there Mr. Moti. Now we know how the empire was spawned, through dodgy dealings. Nothing suave or sophisticated about that, I'd say.

This, THIS is why we take a bit of schadenfruede in watching the haughty, hubris-laden Moti take a bit of a crash and burn. Ill gotten gains, pigs, lipstick. You know. No value-add, which, yes, makes those of us engaged in legitimate business just a little peeved that we aren't prepared to sacrifice scruples in the interests of profit.

Because we like to look at ourselves in the mirror and be proud of whatever it is that stares back at us.

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