Settlement Agreement

Dear reader , this is the Settlement Agreement 19/11/07 : It was bad enough what this bank did to us the first time. After I signed their Settlement Agreement 19/11/07 they spent the next 23 months doing it again !

Click here to view the Settlement Agreement 19/11/2007

After I signed - this is what they did : Dear reader you can see for yourself that there are basically three 'parts' to the Settlement Agreement 19/11/07 that they got me to sign. ______________ The 1st 'part' of the Settlement Agreement 19/11/07:
FirstRand Group were to pay R 3 million to The Mazlen Trust. They did pay the R 3 million. Praise the GOOD Lord. The 2nd 'part' of the Settlement Agreement 19/11/07:
They would pay a further R 200,000-00 for the acquisition of a building which they had robbed us of way back in 1999. They were to assist us to take transfer of this property which was 'dead and buried' in the Estate of Mazlen Holdings (Pty) Ltd, which was a company I formed in 1971 and which they Liquidated in 1998, by way of Fraud, Theft and Bad Business Practices. The R 200,000-00 has been paid. Praise the GOOD Lord. It sits in the bank. We are now still struggling to get the co-operation that they promised us so that transfer will finally pass to The Mazlen Trust - 10 years after we paid in full for the property. We also, 10 years ago, paid the transfer costs and lawyers fees. What a struggle it has been with these CROOKS and CHEATS. Only GOD could do such a thing as this - get us our property back after 10 years !

(Their actions were so bad against us, Clients who had banked there for over 40 years, that 19 Police Cases had already been opened against them - ref is page *) The third 'part' of the Settlement Agreement 19/11/07:
They agreed to look at financing/sponsoring an anti-crime and rehabilitation campaign which I discussed with "GT" on the 7/11/07 and which he gave me his word that they would support. I have my notes that I made at the meeting with "GT" on the 7/11/07 and I have my notes which I made when I met with Mr Bruce Unser and Ms Sam Moss before I signed their Settlement Agreement on the 19/11/07. ___________________ .

I signed their Settlement Agreement on the 19/11/07. On the 12/12/07 I submitted my first 'draft' of the Proposal covering the anti-crime and rehabilitation campaign, a Mazlen initiative. Thereafter they delayed me for 12 months by refusing to supply to me relevant information that was needed in order for me to finalize the Proposal. In November 2008 I submitted the Final Formal Proposal. It was submitted without vital information which they had promised to supply to me, so that the Proposal would be in the best form to succeed. For 23 months they kept making me promises. They told me that the funding/sponsorship would be forthcoming, and that the Proposal was being looked at by the "relevant people" in the Group. The "relevant people" are the Directors because I was expected to stop proceedings in about 19 Police Cases against these Directors. I did stop. I stopped with Damages Claims of R 50 million. As soon as I signed I stopped. I was on the verge of opening a further 2 Police Cases at the time that "GT" approached me and asked me to meet with him to "settle". That was on the 7/11/07. After 10 years of 'fighting' these people I was so elated at 'settling" that I was only too happy to not attend at the 2007 AGM of FRL. I did not, at that time, proceed with the 2 new Police Cases. They were very serious Cases against the Directors and against the Auditors and the bank lawyers involving Tax Evasion, Money-Laundering, Organized Crime, 'Conspiracy', 'Corruption', 'Collusion', Fraud.

Dear reader, here are some other salient points :

  1. There is a written Settlement Agreement 19/11/07. It was supposed to be 'confidential'. However the Agreement was cancelled by me on the 9/10/09. It was cancelled after giving at least 4 separate Notices to comply. They did not even reply to the Notices. They completely ignored the Notices. I will supply a copy of the Agreement with pleasure if you wish me to.
  2. Our Claim against FirstRand Group was for R 50 million. It involved personal Damages of R 5 million, the loss of a Company worth R 17 million (based on the bank's own values) plus other Damages which included Punitive Damages. It was based on 40 years of hard honest work building up a Company for my family and for Charity, only to have it Liquidated based on Fraud and on Theft. The way this was done was despicable and so ugly that it resulted in about 19 Police Cases being opened against the Directors and their agents - their Auditors and lawyers and Estate Agents. What a bunch of CROOKS and CHEATS. That is my personal experience.
  3. We accepted just R 3 million plus R 200,000-00 and the property because we were promised the funding/sponsorship by "GT" and by Mr Bruce Unser. It is just the quantum of the funding/sponsorship that we were waiting to hear about. They kept asking us to be patient and to "indulge" them. The Mazlen Trust and my family and I have, to date, Invested/Committed at the very least R 3,29 Million to this venture. They keep promising but so far their promises are just 'empty talk'. I have worked full-time on the venture for the past two years. In the Proposal I have asked for just R 6,000-00 pm. It is 'Church wages'. In the World I was earning R 30,000-00 plus expenses pm in the 80's. Now I work for the Lord in the Kingdom - so I asked for just R 6,000-00 pm. Even this small wage they hold back on paying to me. But they encouraged me for 23 months to proceed.
  4. It can not be about the money - from their side. These are R multi Billionaire Companies. Even the three main Directors involved are R multi-Billionaires.
  5. The campaign is such a wonderful venture that we 'bent over backwards' for 23 months while they 'led us up the garden path'. Then they slammed the gate in our faces. Yes we have 'bloody noses'. But we will press on with the campaign and we will insist that FirstRand Group now pay us the full Damages originally claimed, plus a further amount in Damages due to the way they encouraged us to spend our hard-earned money and work so hard on the campaign. Not once over the 23 month period did we receive one single negative response from them. I personally sent in at least 6 'draft' Proposals/Report-backs.

    We will be happy to use the Damages money on the campaign. But it would have been so much easier had this bank honoured the Settlement Agreement 19/11/07.

  6. Every single thing that I write I will back up with by way of many many written appeals. There is a whole file of correspondence post 7/11/07. Not once were we told to stop. Not once were we told not to spend our time and our money. We were in fact encouraged to continue. Because of the extreme value that we place on the campaign we continued in good faith. Furthermore, in the Agreement they use words like "spirit" "good will" "trust". "GT" promised, in the Agreement, "his personal commitment to this process of reconciliation". Soon after I signed "GT" retired. The new Chairman "LL" Dippenaar refuses to meet with me. I have asked so many times for a meeting. I hear nothing.
  7. Finally in July 2009 they came with a Special Consultant. He is a Mr Millwood. Appointing Mr Millwood was just a ruse. He refused to confirm the Minutes of a 4-hour Meeting. He broke his word to us. He did not reply to correspondence. He just disappeared. I can supply the Minutes of the Meeting and I can supply correspondence which has to this day not even been acknowledged as being received by Mr Millwood. It was all sent by registered mail to him, with copies to FirstRand Group. It was all just delaying tactics to keep me away from the FRL AGM's.
  8. It is my belief that First National Bank were not serious about supplying us with the promised funding/sponsorship. They were desperate to keep me away from the 2007 AGM of FRL. They succeeded. Then I believe they 'strung me along' for the next 12 months with their empty promises and their incessant LIES in order to keep me away from the 2008 AGM of FRL and of Discovery.
  9. On the 25/11/09 and on the 1/12/09 I will attend at the FRL and the Discovery AGM's to ask questions about the promised funding/sponsorship. I will then once again proceed with the now 13 year 'fight' and I will ask questions about the Crime at this Public Company and this Public bank. It is a great pity I have to do this. I had hoped that the 10 year 'fight' was over when, in good faith, I signed the Settlement Agreement 19/11/07 that they presented to me.
  10. Please take a look at web-site www.fc-oc2007.co.za. Thank you.