By Johnathan Paoli
Chief evidence leader Matthew Chaskalson has accused North West businessman Sulieman Carrim of operating as an investing partner in a three-way enterprise with Hangwani Morgan Maumela and Vusimusi “Cat” Matlala, suggesting their financial dealings point to possible money laundering and mutual funding of each other’s interests.
Putting the allegation directly to Carrim at the Madlanga Commission of Inquiry on Tuesday, Chaskalson said the pattern of payments, shared communications and overlapping business interests indicated far more than an arm’s-length lending relationship.
“Maumela gets paid out of your payments from Mr Matlala. It effectively enabled you to support each other’s potentially unlawful conduct. All of these elements in my view cast doubt on the correctness of the truth of your version of the loan,” Chaskalson said.
This follow Carrim’s testimony revealed he advanced R500,000 to Maumela at Matlala’s request and later paid a further R250,000 after receiving R1 million
You’ve reached your free article limit
Subscribe to enjoy unlimited access to trusted journalism. Cancel anytime.
Subscribe nowNeed help? molokom@insideeducation.co.za
