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Judgment handed down in Bfn on fraudulent livestock transaction

───   SABRINA DEAN 16:45 Mon, 30 Jan 2017

Judgment handed down in Bfn on fraudulent livestock transaction | News Article

Bloemfontein - A father and son from Hobhouse in the Free State who have been embroiled in a years-long legal battle over a fraudulent livestock transaction say they are happy to see that the law still works in South Africa.


Paddy Matlolane and his father Sello, who is now 78-years-old, were defrauded of more than R200-thousand that they’d borrowed from the Land Bank to purchase dairy cows and a milk tank through Johan Olivier in 2012. The Matlolane’s opened a case when delivery of the animals failed to materialise and certain other red flags started flapping.

The Bloemfontein Regional Court today handed down judgment. Olivier and his wife Johanna were both found guilty on charges of fraud and money laundering.

Paddy says it has been a long, hard journey.

“It has encouraged us. I won’t say we are excited, because we have lost a lot of money, but it has encouraged us that there is still law in South Africa. One cannot go and rob people and get off scot-free. It took us very long to resolve this but I think the bottom line is that we have won the case and stand a chance of maybe recovering what we have lost.”

He says of the initial amount, they have probably lost about R100 000. They also had to service the Land Bank loan for at about six months without having any animals to show for it.
Paddy says he is hopeful this outcome will now pave the way for them to recover the money they lost.

The case was meanwhile postponed to March 30 for sentencing to allow necessary reports to be compiled.

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