Presumably these 5,00 or so people were the large numbers of people who were directly and indirectly (i.e. beneficiaries of original beneficiaries) in the estate. Do you know if they were also people who had some kind of agreement with Ms Surtie of Jeff Koobanally to help fund legal costs?
The interests of the people who handed their money over to individuals/organisations with legitimate ties to the legal matter (read: NOT scammers like SurtieMillioNIL) are represented by the Western Cape Board for Surtie Matters. This group has gone as far as to register a company in December ‘22 in anticipation of regulating how payments will be disbursed. Please note that this was done LOOOOOOONG after people like SurtieMillioNIL came on this forum with outrageous claims of payouts being imminent. I’m also aware of another company that was registered earlier this year that is destined to be a financial services company with the aim of providing guidance to the recipients of any money (should they receive it). The individuals referenced in the domain name registration have already been linked to the above mentioned ‘board’. If anything, these guys are properly preparing to receive this money - plan for the best, prepare for the worst.
Not having any legal training, my knowledge of the of the exception that was upheld is limited at best. How significant is this exception, which presumably would be the only appeal that would have been needed to force the matter to trial or settlement?
Raising exceptions is a common delaying tactic during litigation. This gives the respondent’s counsel sufficient time to bolster their defence against the claim. In this instance, Rule 23 was misinterpreted by the presiding judge. Because a cause of action had been determined, the exceptions should not have been upheld. This is why the estate’s legal team sought leave to appeal the ruling
I had noticed the fact that the appeal has apparently not been heard. It also It could be because there are negotiations as to what the estate will accept as a settlement amount.
[Another matter that is taking the 3 month period is the MTI case, but this is most likely because of complexities rather than settlement negotiations.]
I can’t comment on this. I’ve been watching SAFLII to see the outcome of the appeal. In reality, the legal team is not going to share any details whatsoever with individuals outside of that team. So, as far as I’m concerned, any person who purports to have inside information regarding the details of the case is flat out lying. I choose to ignore all the speculation surrounding this matter, and formulate my standpoint/opinion based only on the facts. Until more fact is revealed, I cannot confirm any of what has been said recently
As I mentioned above, the court actually instructed the Sheriff to seize monies and data from those accounts. This indicates to me that there was might have been information pertaining to PCI in the account details. On the other hand, there have been reports in the past that there was conflict amongst beneficiaries as to eligibility. Someone in a post criticied these reports as having been from weak media sources, so this needs to also be taken into account. Nonetheless, the accounts in ABSA were at best indirectly linked to the claims against PCI, which is why ABSA was not the first respondent in the judgment.
I am aware of the money being seized. However, the claim against the PIC was instituted long before the ruling that you refer to. Therefore, your assumption about why ABSA was not the first respondent cannot be true. These are two separate matters
Looking forward to hearing more - your posts have been a ray of sunshine on this thread!
I’m merely trying to lay out the reality of the situation for people expecting money, and who are coming here for information.
I’d like to reiterate that I do not personally stand to benefit from any money that gets paid out (should it ever pay out). I would also like to again point out to people that individuals like SurtieMillioNIL are doing nothing other than trying to pull the wool over their eyes even further. I agree with
@Bigg thinker that it’s absolutely ridiculous that people coming to this thread regularly are still believing his bullish!t. He’ll be on here again at the end of this month with another excuse as to why no money has been paid out. It’s so sad, actually
(Do you honestly think nobody would notice that you created this account like five minutes before your post?)