Brett Kebble: The Inside Story

by Barry Sergeant

Overview

An unbelievable story of the life and death of a South African mining magnate

Product Details

ISBN-13:	9781770222908
Publisher:	Huia (NZ) Ltd
Publication date:	03/23/2012
Sold by:	Barnes & Noble
Format:	eBook
Pages:	374
File size:	3 MB

About the Author

Barry Sergeant was born in Lusaka. After graduating from the University of the Witwatersrand, he was admitted to the bar as an advocate, but almost immediately crossed into journalism. In the early 1990s he took a planned 'short sabbatical' into investment banking. He stayed in that business longer than he intended, working on five continents, mainly in mining and resources, in the areas of investment analysis and corporate finance. This sojourn took him from the hallowed halls of London money managers to the Australian outback, and from the electrifying world of Wall Street to the very furthest and deepest reaches of the Amazon. Sergeant became a recognised specialist in West African resources, partially triggering his first encounter with Brett Kebble, in 1996. When the biggest bubble in stock market history burst on Wall Street in March 2000, Sergeant returned to journalism. Sergeant was awarded his first major national South African journalism prize in 1988. During his time in investment banking, he was a 'rated' investment analyst in both Johannesburg and London. His journalism has more recently been recognised on a number of occasions, not least as the unanimous-choice winner of The Valley Trust Award for Courageous Journalism, in 2004. In February 2006, he was named a Paul Harris Fellow by Rotary International for 'tangible and significant assistance given for the furtherance of better understanding and friendly relations among peoples of the world.'

Table of Contents

Acknowledgements     ix
Prologue     1
Catch me if you can     7
Fifth horseman of the apocalypse     9
Fine wines and fancy cigars     20
The bait     27
Shangri-La     35
Froth in Jakarta, suds on The Street     37
Free at last     44
Tarkwa to Timbuktu     55
The sting     65
Value is what you get     67
A likely tale or two     79
Days of thunder     87
A swine among swine     89
A bit of a billionaire     101
Payday for one shady character     109
Killing a billion     115
The calm before the storm     117
Showdown at Randfontein     129
Past imperfect, future tense     143
The first whiff of death     148
The British mud wrestler     157
The slush funds     171
Scam of the century     173
The laughing Zulu     187
Play it again, Brett     199
The final straw     213
Desperado     217
By the Cathedrale Notre Dame de la Paix     219
Ways and means of a RobberBaron     239
His soul of darkness     253
Epilogue     277
Appendixes     293
Directorates and administration of companies under Kebble control     295
Companies of which key players were directors on 10 June 2002     313
JCI Ltd: consolidated income statements     316
JCI Ltd: consolidated balance sheets     318
How off-balance sheet liabilities concealed the gearing of JCI Ltd     319
JCI Ltd: history     320
JCI group balance sheets, showing consolidation of slush funds as at 31 March 2004     321
JCI Ltd: share capital evolution     324
Assets controlled by the JCI, Randgold & Exploration and Matodzi groups, and assets available for pledging by JCI     326
Consolidated Mining Management Services (CMMS) financials     328
Randgold & Exploration Company Ltd: share capital evolution     330
Western Areas Ltd: share capital evolution     332
Randgold Resources Ltd: share capital evolution     333
Simplifying Simane     336
Simmer and Jack Mines Ltd: share capital evolution(I)     338
Simmer and Jack Mines Ltd: share capital evolution (II)     340
Value of Jaganda ordinary shares     341
Glossary of names from forensics     342
Index     345