In a rather embarrassing and costly legal faux pas, Odendaal's legal action against the SA Reserve Bank (SARB) has backfired spectacularly.
The woman who has come to be known as disgraced former Steinhoff CEORecently, via documents from court cases, it was revealed that she wasWhat she does for a living is anybody’s guess but she was given north of R60 million from Jooste’s horse racing company, Mayfair Speculators, between 2011 and 2015.
After Odendaal’s assets and bank accounts were attached in April last year, she asked the bank to release funds for living expenses…The two sides eventually hashed out what the bank described as an “undertaking” in June last year. It would release R150 000 monthly from one of her blocked accounts for all “reasonable” expenses.
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