{"id":18287,"date":"2013-02-27T08:15:43","date_gmt":"2013-02-27T06:15:43","guid":{"rendered":"http:\/\/www.myza.co.za\/mabaso-entitled-to-make-a-profit\/"},"modified":"2013-02-27T08:15:43","modified_gmt":"2013-02-27T06:15:43","slug":"mabaso-entitled-to-make-a-profit","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/mabaso-entitled-to-make-a-profit\/","title":{"rendered":"\u2018Mabaso entitled to make a profit\u2019"},"content":{"rendered":"<p>        \t                                <!-- Main Editorial Image --><br \/>\n                    \t\t\t      \t\t\t                                      <img decoding=\"async\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/plugins\/rss-poster\/cache\/36979_3250723289.jpg\" alt=\"Jabulani Mabaso\" title=\"\" class=\"pics\" \/><\/p>\n<p class=\"captions_credit_article\">INLSA<\/p>\n<p class=\"captions\">Fraud accused Jabulani Mabaso at the Pietermaritzburg High Court. Picture: Shan Pillay<\/p>\n<p class=\"captions\">\n<p>\t\t  \t\t  \t\t\t\t\t  \t\t  \t\t    <!--PSTYLE=WT Web Text--><\/p>\n<p class=\"arcticle_text\">Durban &#8211; Was businessman Jabulani Mabaso through his company, Indiza Infrastructure Solutions, allowed to make a profit from the stationery he had supplied to the KwaZulu-Natal Education Department or not? <\/p>\n<p class=\"arcticle_text\">This was the question posed by advocate Willie Vermeulen SC during argument in the Pietermaritzburg High Court on Monday. <\/p>\n<p class=\"arcticle_text\">Vermeulen has asked Acting Judge Kobus Booysens to discharge his clients, Mabaso, and Indiza &#8211; which was being represented by Mabaso &#8211; on charges of defrauding the department of R200 million between 2005 and 2007. <\/p>\n<p class=\"arcticle_text\">At the time, Mabaso had entered into a \u201cservice-level agreement\u201d with the department to supply stationery to schools. <\/p>\n<p class=\"arcticle_text\">While the State alleges that he was only supposed to have been paid a management fee for his services, Vermeulen argued that he was entitled to make a profit. <\/p>\n<p class=\"arcticle_text\">He said that the State had not called any witnesses from the department to explain the agreement or how payment had been made to Indiza. <\/p>\n<p class=\"arcticle_text\">There was also no evidence on what the terms of the agreement were. <\/p>\n<p class=\"arcticle_text\">\u201cThe State relies on this non-descript agreement\u2026 this leaves a gap so wide that a successful prosecution is highly unlikely,\u201d he said. <\/p>\n<p class=\"arcticle_text\">An accountant, Paul de Villiers, who drew up financial statements for another of Mabaso\u2019s companies, had testified that he knew that Indiza was entitled to make a profit. <\/p>\n<p class=\"arcticle_text\">De Villiers told the court that he could not see why a profit could not be made because there were sizeable overheads to be met. <\/p>\n<p class=\"arcticle_text\">Had Indiza supplied stationery at cost, it would have made a loss and become bankrupt. <\/p>\n<p class=\"arcticle_text\">Vermeulen said Mabaso was investigated after it was alleged that he had \u201can improper relationship\u201d with officials from the committee which recommended that his company be awarded a tender to supply schools with stationery, and because of allegations that he had made an excessive profit. <\/p>\n<p class=\"arcticle_text\">Vermeulen added that the latter allegation was based largely on Mabaso\u2019s agreement with the department being read wrongly. <\/p>\n<\/p>\n<p class=\"arcticle_text\">It was clear from the State witnesses that, as a matter of practice, suppliers\u2019 invoices were not submitted and the department had not asked for them. <\/p>\n<p class=\"arcticle_text\">The State is to argue the case tomorrow. <\/p>\n<p class=\"arcticle_text\"><strong>The Mercury<\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>INLSA Fraud accused Jabulani Mabaso at the Pietermaritzburg High Court. Picture: Shan Pillay Durban &#8211; Was businessman Jabulani Mabaso through his company, Indiza Infrastructure Solutions, allowed to make a profit from the stationery he had supplied to the KwaZulu-Natal Education Department or not? This was the question posed by advocate Willie Vermeulen SC during argument [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[8275,953,2143],"class_list":{"0":"post-18287","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-durban","8":"tag-newspaper","9":"tag-the-mercury","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/18287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=18287"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/18287\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=18287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=18287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=18287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}