South Africa News
Eastern Cape lawyer Karl Olinger guilty of R500K trust fund theft
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Eastern Cape attorney Karl Olinger has been found guilty on numerous charges of theft of trust fund money amounting to nearly R500,000, the Hawks said on Wednesday. Spokesperson Captain Yolisa Mgolodela said Olinger, 64, was convicted in the East London Regional Court on Tuesday.
During the period between 1999 and 2007, Olinger, as a practising attorney, received trust funds on behalf of his clients, but did not use the funds for the intended purpose. This resulted in a number of his clients’ lodging complaints with East London based Serious Commercial Crime Investigation team of the Hawks for probing.”
Captain Mgolodela said investigation by the Hawks revealed that Olinger received proceeds of the sales of numerous immovable properties but did not pay the proceeds over to his clients.
“In another instance, he was instructed by a client to recover funds owed to the client by debtor. The debtor paid the funds into the trust account of the accused, however he did not pay the funds over to his client.
The accused further represented the Maletswai municipality in recovering outstanding rates from a municipal client. The unpaid municipal rates were paid into the trust account of Olinger and he did not pay the funds over to the municipality.”
She said Olinger was also appointed as an executor in winding up the deceased estate.
“The complainant paid a total of more than R181,000 in respect of the winding up of the estate. He did not finalise the winding up of the estate.
The accused was again appointed as an executor of a second estate. He received a total amount of more than R319,000 in respect of the estate. The claims against the estate amounted to no more than R197,000 but Olinger only disbursed an amount of less than R173,000.”
She said the Hawks’ finding revealed that Olinger prejudiced his client’s cash to the value of more than R467,000. He was expected to be sentenced on May 9.
Source: News365
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South Africa News
Godswill Akpabio advocates reduction in cost of governance
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The President of the Senate, Godswill Akpabio, has called for transparency, accountability and the elimination of unnecessary expenditures to cut down on the cost of governance in the country. Akpabio made the call on Monday at a one-day dialogue on the cost of governance in Nigeria organized by the National Institute for Legislative and Democratic Studies, NILDS, in Abuja.
Akpabio, who was represented by Sen. Agom Jarigbe (PDP-Rivers) highlighted the possible factors contributing to the high cost of governance in the country.He said the size of the country’s bureaucracy, the escalating public service wage bills, the overhead costs of appointed public officials, and the salaries and allowances of elected officials are major factors.
According to him, the running of government institutions among other substantial components contributed to weighing down the economy and hindering development efforts. Let us hold ourselves accountable and take responsibility for the betterment of our nation. We have to ensure that our government operates efficiently and effectively, serving the needs of the people and fostering sustainable development,” he said.
The president of the senate emphasized the need to streamline bureaucracy, eliminate unnecessary expenditures, and ensured transparency and accountability at all levels of governance. We must invest in our human capital, empowering our public officials with the necessary skills and knowledge to drive progress.
“And we must foster a culture of innovation and creativity, where new ideas can flourish and transform our nation,” he said.Akpabio urged all Nigerians to remain united, become agents of change and be committed to making sacrifices for the nation. He said that the 10th Assembly was ready to partner with all stakeholders to do everything within its constitutional powers to make Nigeria for all citizens.
Source: pmnewsnigeria
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South Africa News
South African Online Casino Player Strikes Gold with R189,000 Win at Tusk Casino
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South Africa News
Manchester City 0-0 Arsenal
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Manchester City 0-0 Arsenal. Manchester City and Arsenal handed Liverpool the advantage in the Premier League title race as they played out a bitterly disappointing goalless stalemate at Etihad Stadium.
Liverpool are now top of the table and two points clear of Arsenal after they came from behind to beat Brighton at Anfield, their delight increased by their two closest rivals cancelling each other out.
This was a game that made a nonsense of its billing as a potential classic, as Arsenal’s containing tactics snuffed out City while the Gunners had only limited chances of their own in a desperately poor affair.
Nathan Ake had an early close-range header saved by Arsenal keeper David Raya before going off injured while former City striker Gabriel Jesus posed an occasional threat, just failing to connect with Bukayo Saka’s cross inches from goal after the break.
Arsenal manager Mikel Arteta will be happier than City counterpart Pep Guardiola with this outcome – but the real winners were Jurgen Klopp and Liverpool.
Guardiola’s side were under greater pressure to win this match but their usual fluent passing game was rarely in evidence, stifled by the visitors’ organisation and infuriated by referee Anthony Taylor’s reluctance to punish the Gunners for a succession of infringements.
It led to a scrappy, disjointed game in which City were never allowed to gather their usual momentum and rhythm, with even the best efforts of master creators Kevin de Bruyne and Bernardo Silva unable to carve out meaningful opportunities for Erling Haaland, who was kept on the margins throughout.
The hosts held sway in possession for most of the second half but it was illustrative of the game that Raya barely had an anxious moment, his counterpart Stefan Ortega also idle for long periods.
Indeed, it is the first time City have failed to score at home in the Premier League since October 2021, a run of 47 games.
The reigning champions, as usual, will remain confident of retaining their title but Guardiola will be bitterly disappointed at his side’s failure to trouble Arsenal, with substitute Jack Grealish on the end of some lengthy post-match advice from his manager.
City are back here at Etihad Stadium to face in-form Aston Villa on Wednesday night knowing they cannot afford any more slip-ups in this tight Premier League title pursuit.
Arsenal arrived at Manchester City with a point to make and a chance to show their improvement at a ground where they have had a miserable record in the past.
The Gunners last won here in January 2015, drawing one and losing eight of their subsequent nine visits before this game.
Here, Arteta set his side out to be fiercely drilled and well-organised to frustrate, a strategy seemingly designed to earn the point they secured rather than risk more for victory.
It was a conservative approach but what it did demonstrate was that Arsenal do have more resilience and character than on previous occasions, when they have sometimes capitulated under City’s attacking assault.
Arteta’s side were composed but also willing to throw bodies on the line when danger threatened, not that they were ever in serious peril of conceding – a tribute to their display in itself.
They have kept clean sheets in both games against Manchester City this season, making them only the fourth team to shut out a Guardiola side twice in the same season.
Whether this is one point gained or two lost remains to be seen, but Arteta seemed satisfied enough at the final whistle.
source – BBC
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