ANC’s Niehaus resolves Kebble debt
African National Congress spokesperson Carl Niehaus and the trustees of mining tycoon, Brett Kebble’s...
African National Congress spokesperson Carl Niehaus and the trustees of mining tycoon, Brett Kebble’s estate, have reached an agreement over money owed to the estate.
It was understood that Niehaus received R100 000 from Kebble for media work that he had done for him in 2003, when the business magnate was already insolvent.
Niehaus said that if he were to contest the claim, as several other people had done, it would cost him more in legal fees than the disputed amount.
His lawyer Ian Small-Smith said a deal had been struck with the trustees.
“I can confirm that we have already paid an amount of money into the trust account of the attorneys for the trustees. I have also engaged in lengthy consultation with the trustee and there is a settlement agreement in place.”
The trustees obtained a court order to attach Niehaus’ assets if he reneges on the deal.
“They have given us an undertaking to pay off in terms of a settlement not the full amount upfront but they would pay the amount off over a period," said the trustee’s Hans Klopper.