TWILIGHT of the Hippo-Gods? WAR, RANGE

Hi Tambok

Gut das dich deine Sammlung froehlich stimmt.
Kann deine Freundin ueberhaupt gut schlafen wenn die Masken an der Wand haengen.?

Hier eine Maske zum Fliegen mit Kongo Air die fuer Dunkelheit sorgt bei einem Tagesflug sowie einen Absturz erleichtert bis man aufschlaegt .

Lulua (Bena Lulua, Bena Moyo, Luluwa, Shilange), Democratic Republic of the Congo

129 Congo Air Passengers Feared Dead - door opens in mid-flight, most people sucked out

Friday, 09 May 2003 @ 11:21:45 EDT

I hope they had umbrellas too !

Na dann sucht mal die Kohle und RR Aktien,hinter mir die Sindflut geehrte Investoren von Range, JCI, Aflease und Western Areas.

Ich habe Euch alle reingelegt dachte er sich bestimmt.

Divers used in Kebble probe

Johannesburg
October 5

Metal detectors and diving suits were the latest tools the police used on Wednesday in their investigation into the murder of mining magnate Brett Kebble.

Scores of detectives and police in diving suits and holding metal detectors descended late on Wednesday morning on the area near where Kebble was gunned down in Melrose, Johannesburg.

While some searched for clues on the banks of the Sandspruit, which is a few hundred metres from where Kebble was shot behind the wheel of his Mercedes-Benz, other detectives were at the scene of the shooting where seven 9 mm spent cartridges were found earlier.

Kebble was shot on Septemeber 27 while on the way to dinner at the Houghton house of Sello Rasethaba, chief of Matodzi Resources, where he was a fellow director.

Matodzi owns the Letseng diamond mine in Lesotho where large diamonds were found in the first few months of mining.

Experts told reporters on Tuesday it was strange that so many big diamonds had been found in a mine from which De Beers, one of the world's biggest diamond producers, had withdrawn as far back as 1982.

On Wednesday, police used metal detectors to search for the murder weapon in the thick reeds along the course of the stream.

Superintendent Chris Wilken repeated on Wednesday that the provincial police management would not comment at all about the investigation.

Earlier, a police source explained that it was not strange for detectives to visit a murder scene repeatedly to search for further evidence or to determine whether witnesses' versions of events corresponded with the crime scene.

[News24/Beeld]

Zumindest scheint Brett Kebble sein Leben genossen zu haben:

Where some of the billions went
By: Barry Sergeant
Posted: '06-OCT-05 16:19' GMT © Mineweb 1997-2004

MOSCOW (Mineweb.com) --The late Brett Kebble lived life like a combine harvester running on a big fuel tank full of ether.

He owned up to nine Ferrari sports cars, depending on the time of day, and commuted between his principal mansion in Bishopscourt, Cape Town, and luxurious Johannesburg residences in one of two jets. The bigger one, a Gulfstream II, costs a cool $16 million; the smaller one, a Bombadier Learjet 45, is a snip at $6 million.

Much of Kebble’s excessive lifestyle was financed by a gigantic slush fund that found itself the subject of a Mineweb expose this week. The slush fund, a boring, virginal-sounding thing, Consolidated Mining Management Services (CMMS), is a 98% subsidiary of JCI, where Kebble was CEO for years until forced out on August 30 this year.

News of the slush fund, which came as a surprise even to some of Kebble’s closest confidants, has rattled South Africa’s financial and investment landscape. In the five years to March 31, 2003, JCI transferred R1.4 billion in hard cash into CMMS. Of that figure, R632 million in hard cash is not readily traceable on the exit side.

News of the slush fund has been awkward for some, given Kebble’s violent death on September 27. Life, however, goes on, and shareholders have inalienable rights to know what happened to hundreds of millions of rands of disappeared cash. It was worse, however. When Kebble had bled JCI to the point of virtual extinction , he turned his attention to Randgold & Exploration (R&E), where he was also CEO.

In the past 15 months or so,like a marauding steroid-overdosed Durban cockroach[Blockierte Grafik: http://www.smiliemania.de/smilie132/00000285.gif] , Kebble staged irregular and most likely illegal transactions out of the R&E stable, raising up to R2 billion in cash. Again, to date, it has not been possible to identify the recipients of this cash, be it entity, man, woman, hyena or marabou stork.

Kebble’s previously massive sources of cash met a grisly end in the weeks before his death, when he was trying to rustle up or borrow around R5 million from people closest to him. His requests were indirect and discreet, but it was clear that he did not have a cent to rub between his fingers. This was a hell of a thing, coming from a man who needed up to R5 million a month just to stand still.

Kebble, a would-be Master of the Universe, was a master of consumption. He would gorge, ingurgitate, overindulge, glut, stuff, engorge, gormandize, binge, pig out, satiate, and scarf out. One weekend in London, he blew the equivalent of R460 000.

Most of this fatuous spending went on horrendously expensive bottles of wine (try Dom. Romanée Conti 1997, Château Valandraud Saint-Emilion 1995, Château Latour Pauillac 1990, Château Le Pin Pomerol 1999, or Petrus Pomerol 1998) and watches (try Patek Philippe, Vacheron Constantin, and Girard-Perregaux, for starters).

On one trip heading out of London, a gluttonous Kebble popped into a shop at Heathrow and ended up buying 100 watches. But he never made it into the truly big stinky awful league of watch buyers: the record was set in 1999 when a 1933 gold Patek Phillipe with 24 complications was auctioned off by Sotheby's for $11 million.

Kebble had lots of aspirations, among which, and perhaps leading the list, was to be liked, respected and admired. Kebble, half-nerd (the piano player), half-wolf (the “mining mogul”), and dressed in sheep’s clothing, showed some talent in the way he surrounded himself with feral human beings.

Kebble never knew anything about figures (he had a bachelor of arts from his university days), so he found a man who could engineer accounts to world-class standards. That man, Hennie Buitendag, was the financial director of a number of Kebble companies, not least CMMS. Buitendag had been a director of that company (previously known as MIMIC) since 1988, when Kebble had hardly wiped his ears dry from university. Kebble also had a law degree, leaving him clueless about mining.

During the years when Kebble abused CMMS as a slush fund, Buitendag fixed all the accounts. Buitendag was also, naturally, the financial director at JCI. Kebble’s father, Roger, was in the chair, and Brett’s two close friends, John Stratton and Charles Cornwall, completed the JCI board of directors. They were all forced out on August 30 this year, when Investec effectively took control, although Brett remained on as a non-executive director. And they all acquiesced in kebble’s pillage of the company.

There was also a host of firings on August 30 at R&E, including Roger Kebble (as non-executive chairman), Brett Kebble (as CEO), Lunga Ncwana (as non-executive director) and, yes, Hennie Buitendag (as financial director).

It was these motley crews, these feral groupings, that benefited from Kebble’s activities at JCI, as to cash flooding out of the CMMS slush fund, and, in the latter period, at R&E, as cash simply flooded out.

Even at the detectable level, these scavenging individuals were paid millions and millions. At JCI, the directors received a total of R12 million in the year to March 31, 2004. This was not only an obscene amount for directors of a passive investment company, it was also double the figure paid in 2003.

Consulting and management fees, without further explanation, left JCI to the tune of R54 million, against R23 million in 2003. Here, Kebble was grotesquely milking the parent company at the public level, never mind at the CMMS level, which, to all intents and purposes, was hidden from the public eye, like dirty secrets behind a bedroom door.

Kebble’s largesse extended naturally in to his forays into black economic empowerment (BEE), where his acolytes simply had to have the best. It was a multi-million rand mansion, a sports car, a watch (Rolexes appear to be the most popular), and cigars (try Montecristo No 4, Montecristo “A,” Hoyo de Monterrey, Partagas, H Upmann, Romeo y Julieta (Cedros Deluxe, Nos 1, 2 or 3 and Deluxe Turbos), and Cohiba). Then, of course, there is the compulsory Moet & Chandon Dom Perignon, and for the most spoilt aficionados, single malt whisky (try Aberlour, The Edradour, Glenmorangie, Lagavulin, The Macallan, Oban, or Talisker).

But now the party is over. [Blockierte Grafik: http://www.smiliemania.de/smilie132/00000568.gif] Today, it is impossible to provide an even vaguely reliable financial picture of the companies where Kebble was forced out as CEO on August 30. At Western Areas, a R640 million capital raising is underway; Investec has provided a facility of up to R460 million to JCI, and R&E lies bleeding. JCI has not published audited figures since those for the year to March 31, 2004 and R&E, not since those for the year to December 31, 2003.

Perhaps the new directors at the various companies will identity and name the key recipients of the massive amounts of money siphoned out of JCI and R&E, and perhaps some of it will even be retrieved. But the outcome will be bitter, regardless of the outcome. There are also big particular questions hanging around JCI. Based on current information, as sketchy as it is, the group appears to be insolvent to the tune of around R1 billion and has been for some months by the seems of things.

There is also the simple fact of life that the hedge book (a Brett Kebble decision at the bottom of the gold cycle) at Western Areas is under water to the tune of at least $400 million. Were it not for the high quality of the South Deep gold mine (in which Western Areas holds 50%) and its very long life, Western Areas could have slipped into technical insolvency. But it will still take years for the hedge book to be settled.

Kebble, who lived life like a combine harvester running on a big fuel tank full of ether, is gone forever. Kebble Air is also gone: the Gulfstream II and the Bombadier Learjet 45 are up for sale. And many close to him have put up other properties for sale.
http://www.mineweb.net/sections/mining_finance/498455.htm

Hallo Ulfur

Danke fuer den Bericht wie Brett das Geld ""verjubelt"" hat.

Tut mir Leid fuer dich Tambok aber hier scheint nun jede Hoffnung vorerst verloren.

Der Beschuldigte ist tot ,die Kohle ist weg sowie gut versteckt von Brett Kebble.

Thank you all dear shareholders, its been a pleasure !

Nach Bre-X kommt nun Brett- X.

Man muss wohl ein Brett vorm Kopf haben wenn man Brett Kebble geglaubt hat... heisst das indirekt.

Was bleiben da noch fuer Moeglichkeiten.

Die Moerder geben mir keinen Cent.

Say good bye to your money and remember Brett Kebble guys !

Ich habe die Sippe von Kebbles noch nie gemocht und habe es oft hier laengst vorher erwaehnt das sie die ""Corleone's von RSA"" sind.

Das er mir nun ueber Range noch so Schaden konnte glaubte ich jedoch nicht.

"If you live by the sword you die by the sword. There is a whole new meaning to having to survive in high-level business in SA.
"This(Brett Kebble's fatal shooting) is not good for SA. Just another reason to stay away from bringing in investment to the country.

Da ist Hugo Chaves ein Saengerknabe dagegen. !

Ja der Brett grinst sich jetzt einen, wo auch immer.

Kebble: no impact on R&E audit

Oct 06 2005 05:52:58:517PM

Cape Town - The tragic death of former CEO Brett Kebble was not expected to have a material impact on the ongoing audit process at listed mining group Randgold & Exploration, or on the planned timetable for communicating with the company's shareholders, current CEO Peter Gray has confirmed.
Gray said that KPMG had been requested to complete a full audit of the accounts of R&E for the financial year to end- December 2004, including the work already done by previous auditors Charles Orbach & Company.

Although Kebble had indicated his willingness to assist the auditors and management with any questions relating to transactions supervised by him during his tenure as CEO, at this stage his absence was not likely to have a material impact on the process going forward.

At the same time, he said, restructuring of the R&E board and publication of the company's audited results were not expected to be further delayed by the tragic death of Kebble.

Board restructuring was continuing, and publication of the long-delayed annual report was targeted for end-November 2005.

The annual report would contain a review of R&E's direct and indirect shareholding in Randgold Resources and all relevant transactions, Gray added.

The board would appoint a forensic auditor to assess the transactions related to R&E's shareholding in Randgold Resources and any scrip lending transactions, he pledged, as well as any other issues identified by KPMG and the directors.

"The Board appreciates the concerns of shareholders and their right to receive accurate, complete and timely information about the affairs of the company.

"It wishes to re-emphasise that its inability to comment in detail at the present time should not be construed as a desire to withhold information from shareholders, but rather as a consequence of the strenuous efforts being made to ensure the accuracy of information to be conveyed to shareholders.

"The Board is committed to publishing a full account of the events relating to the affairs of R&E when such information has been independently verified."

The delay in publishing R&E's annual report caused the company to be de- listed in the US, and suspended from the JSE.

Questions surround the apparent disappearance of Randgold Resources shares held by R&E valued at some US$200m.

A general meeting of R&E shareholders has been scheduled for November 11.

Kebble, the gems and the general

Sam Sole

07 October 2005 07:06

New details have emerged of an abortive Angolan diamond deal involving Brett Kebble and Dali Tambo that has left some of their Angolan partners high and dry — including a powerful former head of Angolan military intelligence. X(....... the killers ?????

The saga around the bid for a potentially lucrative alluvial mining licence provides an example of how Kebble accumulated powerful enemies. There is no evidence the deal is linked to Kebble’s murder last week.

According to Roxo Law, a law firm that represents various Angolan interests in South Africa, a consortium was set up in 2003 to exploit mining concessions held in Angola.

Roxo attorney Rui Roxo showed the Mail & Guardian minutes of a meeting at Johannesburg’s Westcliff hotel at which it was agreed that the Angolan ventures would be pursued via a company set up by Tambo, Koketso Holdings, in which four partners would have an equal shareholding of 25% each.

Other shareholders besides Tambo — son of the late African National Congress president Oliver Tambo — were a Roxo Law vehicle, Infinity Investments; Ben Faria, a Portuguese-South African businessman; and current Angolan ambassador to Namibia Manuel “Kito” Rodrigues.

Rodrigues, a former Angolan general and interior minister, was previously ambassador in South Africa. Once regarded as the second most powerful man after President José Eduardo dos Santos, he has been sidelined but is still influential and is understood to be regaining political clout in Luanda.

According to Roxo, Tambo brought his friend Kebble to the table in the form of mining house JCI, which was to be the financier for the project in return for a negotiated share once a mining licence was granted.

But, Roxo alleges the share certificates in Koketso Holdings were never issued by Tambo to the other partners, and a new company — Koketso Capital, backed by Kebble’s Consolidated Mining Management Services (CMMS) — was substituted in the diamond deal for Koketso Holdings.

Roxo said negotiations with Angolan diamond parastatal Endiama were still going on when, out of the blue, came an announcement in June last year by Randgold & Exploration, another Kebble vehicle, that Randgold had purchased a 24% stake in something called “the Koketso Angola Joint Venture”.

The formal announcement to shareholders stated that this constituted a 24% interest in the Luxinge alluvial diamond mining licence in the Lunda Norte province of Angola, the same concession brought to the table by Roxo and its partners.

As a consideration for this purchase, Randgold issued 1,3-million shares, worth R24-million, to the supposedly Tambo-controlled Koketso.

Roxo insists this windfall should have been shared with the other partners in holdings, but that none of them saw a cent :D. He said he was considering legal action, but was reluctant to move against Tambo, whom he said Kebble had “manipulated”.

Denying any wrongdoing, Tambo dismissed Roxo’s version, but he refused to discuss the deal and referred the M&G to his attorney, Mark Phillips. The M&G put the basic allegations to Phillips, who said he would consult his client, but failed to revert to the M&G.

Koketso financial director Kim Long claimed the Angolan state-owned Endiama, which sets conditions for the granting of mining licences in the country, had rejected the Koketso Holdings vehicle and withdrawn the concession.

Koketso Capital, she claimed, had renegotiated a 24% interest in the mine by joining JCI as financier. Roxo dismissed this as sophistry.

Ultimately, all the parties ended up as losers. Endiama in August withdrew the concession, citing “failure to perform”. Long confirmed this: “JCI never came up with the finance. The Angolan government took the mine back.”

The only winners, it seems, were the owners of the mysterious Koketso Angola Joint Venture, who received R24-million worth of Randgold shares.

JCI special projects manager Shaun Bryans said no payment had ever been made to Koketso Holdings. The Randgold shares were transferred to Koketso Angola Joint Venture, which he said was a South African- registered company, but, no record of such a company exists on the company register database.

Long denied that Tambo’s companies had any interest in the Joint Venture company: “Someone formed that vehicle. We had nothing to do with it. Someone used our name; I’m not sure it’s a legal entity, to be honest.”

She said Koketso was aware of the Randgold announcement and had taken the matter up with Kebble: “We were trying to sort that out just before Brett’s death.”

She declined to detail what the true situation was with regard to the supposed joint venture: “I can’t discuss that; it’s a very sensitive time now for JCI.”

Bryans told the M&G that the shares were indeed transferred to the joint venture, which could be a legal entity in South African law, but that he had no idea who the beneficial owners were: “Koketso itself never received any benefit; who did, I don’t know.”

He said the answer to this might be one of the mysteries Kebble had taken with him to the grave. If so, it appears likely the transfer of shares was one of a number of simulated transactions Kebble used to siphon money out of his companies into other vehicles.

Moneyweb reported this week that CMMS, reflected in company registration records as a “director” of Koketso Capital, operated as a giant “slush fund” for Kebble.

JCI appears to have pumped money into CMMS which, among other things, owned the historic Melrose House used by Kebble as a home in Johannesburg until fairly recently. The most recent published JCI accounts reflect a R543-million loan to CMMS, interest-free, unsecured and with no fixed terms of repayment. But Money web claims the amount of JCI cash “loans” poured into CMMS over the years is closer to R2-billion.

The Angolan diamond ventures are also where some of the cash raised from the controversial sale of about R1-billion worth of Randgold Resources shares ended up, according to an interview with Kebble broadcast prior to his death.

JCI’s R1bn BEE exposure

Thebe Mabanga | Johannesburg, South Africa

07 October 2005 07:48

More than R1-billion in empowerment deals funded by Brett Kebble’s JCI are in the balance as auditors pore over the company’s books to determine what actual value underpins the maze of transactions undertaken while Kebble was at the helm.

Key investments by JCI in black empowerment companies include Matodzi Resources, Orlyfunt Investments, Inkwenkwezi, Lembede Investments and Masupatsela.

But some of the beneficiaries stood firm in the face of the company’s possible collapse, maintaining that any agreement they have with the groups will be honoured and that it will be “business as usual”. JCI has a stated empowerment strategy in which it “made significant advances to empowerment entities”.

This was designed to “create independent capital bases, until such entities can stand alone”.

Sello Rasethaba brushed aside any suggestion that JCI’s woes would adversely affect either of the associated companies he heads, Orlyfunt and Matodzi Resources. According to Matodzi financial statements, the company’s liabilities exceeded its assets by R263-million. Rasethaba noted this to be “an accounting statement”, otherwise the company would have to be liquidated.

He is looking forward to a Matodzi annual general meeting in November, in which debt owed to JCI will be converted to equity and will see JCI hold more than 50% in Matodzi. As for Orlyfunt, he noted that 70% of its assets are outside JCI. They include the Mediterranean Shipping Company and advertising agency Saatchi & Saatchi. On the 30% assets linked to JCI, he noted “agreements are in place” and he expected these to be honoured.

Andile Nkuhlu, of Inkwenkwezi and Itsuseng Investments, two JCI empowerment partners, reiterated his stance that he expected agreements to be honoured.

JCI’s annual report for 2004 records that the company had made R1,05-billion in funding to empowerment entities. It valued its investments in these entities at R1,5-billion, more than 50% of its R2,8-billion in assets.

Some of its key investments include a stake in the Letseng diamond mine in Lesotho, valued at R348 500 at the time, as well as claims in listed mining companies valued at R1,8-billion.

JCI spokesperson Brian Gibson told the Mail & Guardian that the new directors and management are currently familiarising themselves with all projects and transactions “including those that could be termed BEE initiatives”.

He said a decision will be made in due course using “sound business principles and acting in the best interest of the shareholders”. He referred detailed enquiries to the 2004 annual report.

One company that stands to lose is Randgold & Exploration Company, from which Kebble was ousted in August. According to its Securities Exchange Commission F20 2003 filing in New York, Randgold has a loan owing by JCI, which at the end of 2003 stood at $9-million.

At the end of 2003, Randgold also entered into a loan agreement with Masupatsela Investment Holdings, another of JCI’s empowerment partner, for $11,91-million.
Gibson said JCI’s new management had no knowledge of the company.

Whither Brett's empire?

Cairan Ryan

07 October 2005 07:48

The late Brett Kebble’s mining empire may end up in the knacker’s yard, according to analysts who have been following it closely.

“My sense is that JCI and Randgold & Exploration [two Kebble-controlled companies] won’t exist in their present form a year from now,” says Georges Lequime, an analyst with RBC Capital Markets in London.

Others believe that JCI, a once-proud mining and industrial conglomerate founded by Barney Barnato more than 100 years ago, may not survive much longer, if only because of shareholder pressure to collapse and simplify its corporate structure.

Kebble resigned from both these companies just weeks before he was murdered last week in Johannesburg. Both companies have been suspended by the JSE for failing to submit financial statements on time, suggesting Kebble had something to hide.

A team of 20 KPMG auditors are trying to unravel the murky financial dealings orchestrated by Kebble, who claimed his family had more than 50% control of mining investment company JCI, though this is not evident from the share register.

The financial audit, due to be completed by year end, is expected to shed light on what many believe could turn out to be South Africa’s biggest corporate scandal.

Analysts say they gave up watching Kebble companies — with the exception of Western Areas, which has an independent board — because they could not follow their complex web of dealings. They say the auditors’ report will answer long-
standing questions over JCI’s solvency, and whether or not it has a future.

Kebble’s murder leaves a trail of unanswered questions. Moneyweb reported this week that JCI pumped up to R2-billion in cash into a subsidiary called Consolidated Mining Management Services (CMMS), which JCI says functioned as the group’s corporate treasury, but may have been a vehicle for sluicing funds out of JCI, beyond the glare of JCI shareholders. Where these funds ended up is not clear. Kebble reportedly bankrolled more than 40 black empowerment transactions, many of which may now be in jeopardy.

“Because the market gave up watching JCI, Brett was able to get away with what he did,” says Lequime.

Curiously, the share price of Western Areas, in which JCI has a 39,3% interest, picked up immediately after Kebble’s murder. Market talk is that, with Kebble gone, Western Areas could become a takeover target or joint venture partner for the likes of Goldfields, which shares a common boundary with Western Areas.

Western Areas, specifically its 50% share in the South Deep gold mine, was the principal asset in the Kebble business empire. Goldfields’ share price picked up immediately after Kebble’s resignation from JCI, R&E and Western Areas.

Ian Liddle, an analyst with Allan Gray, whose clients own about 25% of JCI, says it became increasingly difficult to ascertain the extent and nature of JCI’s assets and liabilities. “We put questions to the previous JCI directors on these matters, but did not receive satisfactory answers,” he says. “The new JCI directors must produce audited financial statements before they can make recommendations for the future of the company.”

A hard-nosed Investec appears to have demanded Kebble’s resignation from JCI as a condition for pumping R460-million in cash into a special-purpose vehicle. The loan is secured by 15-million Western Areas shares, JCI’s Letseng diamond mine in Lesotho, a share in JSE-listed empowerment group Matodzi and other JCI assets.

Investec also charged a “raising fee” of at least R50-million. This, says Lequime, limits Investec’s downside and gives it an attractive upside.

This cash injection will allow JCI to follow its rights in the R640-million rights issue now under way at Western Areas. But there could be trouble ahead for JCI if Western Areas makes further cash calls on shareholders, which seems likely in light of the operational difficulties at its South Deep mine.

Hugo Nelson, an analyst with Coronation Asset Management, says JCI will probably have to sell assets or raise further debt to hang on to its stake in Western Areas.

Hier ist etwas ueber Affenlease und Kebble falls interessiert.

Der groesste Betrug in dem viele mitgespielt haben.

Aflease Mulls Legal Action Over "Dirty Tricks Campaign”

Where are the RR shares ?????

Diamonds are forever but what about RR shares.

Die Diamanten sind schon laengst aus dem Land gebracht.

Kebble der Pirat !

http://www.resourceinvestor.com/pebble.asp?relid=13513

@all

Danke Leute für die wichtigen Infos.

@ Edel Man

bin Dir gefolgt, hatte etwas mehr Glück - 75% plus

reinvestiert in Mines Mgtm. und Fortuna Silver, fühle mich da wohler.

Grüße Goldesel

Kebble Cookie Starting to Crumble

http://www.resourceinvestor.com/pebble.asp?relid=13532

"Der Himmel ist offen".
Die Kaffer und Buren sind besoffen...
Kebble ist tot und keiner weiss wo die Diamanten sind.

Welcome to Afrika !

XAX

Kebble Account Raided for Taxes

By Rob Rose
16 Nov 2005 at 07:19 AM EST

JOHANNESBURG (Business Day) -- The South African Revenue Service (SARS) has finally taken action against the Kebble family, attaching R4.5 million ($667,624) from mining boss Roger Kebble's bank account over his non-payment of tax.

This comes after allegations that SARS dithered over a probe of the tax affairs of Roger's son, the late Brett Kebble, who is believed to have owed more than R200 million in back taxes shortly before he was murdered in September.

Roger is the chairman of gold company Simmer & Jack, and until recently also chaired the boards of JCI and Randgold & Exploration.

Although SARS has publicly confirmed investigating only Brett Kebble's tax affairs, a statement in the high court files obtained by Business Day confirms publicly that Roger Kebble is facing a headache of more than R62 million in back taxes.

The statement was lodged with the Registrar of the High Court in Johannesburg on November 10, and signed by a SARS collections leader.

It says Roger Kebble owed "assessed taxes" of R41,063,259 and interest of R21,342,531 on that amount. This puts his total taxes owing at R62.4 million.

The statement, lodged in court to give SARS the authority to seize money from Kebble, also said interest would begin accruing on this amount at a rate of 10.5% from December 1.

According to two separate sources, who declined to be named, SARS seized R4.5 million from Roger's bank, based on this assessment.

The two sources also said the revenue service was considering attaching more of his assets.

When contacted last night, Roger Kebble refused to comment.

SARS also refused to give details, citing the secrecy provisions of the Income Tax Act.

However, the R62 million assessment is understood to include unpaid tax owed on share options that were awarded to Kebble.

This dispute is distinct from the tax storm currently surrounding the late Brett Kebble.

The day after his death on September 26, SARS issued an announcement saying that the former CEO of Western Areas, JCI and Randgold & Exploration had "paid some amounts with regard to those issues that have been resolved". But SARS said there were still "outstanding issues."

It is believed that one of these outstanding issues, relating to both Brett and Roger, was unpaid value added tax - although this has not been confirmed.

Contradicting statements by SARS, investigative magazine Noseweek claimed that Brett Kebble had not paid a cent to SARS by the time he died - allegations the tax collectors hotly deny.

However, exact details of how much Brett Kebble owed are likely to become public once SARS lodges a claim with his estate.

The tax matters are among a number of unresolved issues that linger after the murder - including whether his death was a hijacking or an assassination.

Shareholders in Randgold & Exploration are also none the wiser over the whereabouts of R1.3 billion worth of shares the company owned that appear to have vanished during Brett Kebble's tenure as CEO.