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Fidentia fraud case postponed

Fidentia Asset Management offices

Brown has applied for leave to appeal a High Court ruling made in January

March 17, 2008, 10:45

The case of Fidentia boss, J Arthur Brown, has been postponed to May 2 in the Cape Town Regional court to allow the State to study affidavits submitted by the Fidentia legal team.

Brown is accused of defrauding loyalty card business, Infinity, of more than R5 million. The charges also relate to fraud of R4.5 million of a company that supplied equipment to mines in Zambia.

The trial is expected to start on September 15. Brown's R1 million bail has been extended.

Click here to send this article to a friend     Click here for a printable version of this article     Video report on the Fidentia case    
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