van Vuuren's

Haupie
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Re: van Vuuren's

8 years 3 months ago

Looking back at the recent history of this topic, it suddenly begins to make sense of how pressure forced them to start making big mistakes and acting irrationally

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Warren Laird
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Re: van Vuuren's

8 years 3 months ago

#654836

Well then I am in the soup . I actually feel sorry Australia wont be far enough for them , my partner that bought in 50/50 only believes in Concrete Boots and Rivers .

Do know how I am going to explain this one to him . First horse he bought as well and cant wait for it to run:)

Wow I also wonder what Azzie is going to say to all the owners he stuck them in to the horses that did not go to the sale . Never mind all the one you see running in his own colours. Here is big trouble if you guys are correct.

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naresh
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Re: van Vuuren's

8 years 3 months ago

#654837

Earning nett salary of 60k odd and buying horses for three, four bar sooner or later people going to notice your lifestyle that you live with your salary you earn something is not right.

The thing is as mentioned earlier if he bought the horses through illegal proceeds and then later sold it can the horses be confiscated from the new owner and the horse returned to the orginal owner and the amount that was originally paid returned to the company that as laid the charges. Going to be sleepless nights for the breeders, took him for a mug and could be at the receiving end after all of it....

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johnnycomelately
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Re: van Vuuren's

8 years 3 months ago

#654838

naresh wrote: Earning nett salary of 60k odd and buying horses for three, four bar sooner or later people going to notice your lifestyle that you live with your salary you earn something is not right.

The thing is as mentioned earlier if he bought the horses through illegal proceeds and then later sold it can the horses be confiscated from the new owner and the horse returned to the orginal owner and the amount that was originally paid returned to the company that as laid the charges. Going to be sleepless nights for the breeders, took him for a mug and could be at the receiving end after all of it....

Karma is a Bitch! :evil:

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Haupie
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Re: van Vuuren's

8 years 3 months ago - 8 years 3 months ago

#654840

WL I have to also say that the liquidators will have to prove that VV knew at the time of selling he was in shit, but it seems from the reports that he must have known the writing was on the wall.

Best advice is for your mate/acquaintance to get to a good lawyer with his story very quickly to try and do damage control

Such sad news for many people

It does however appear that he had many fixed assets and thus there should be a reasonable return in the rand for many creditors

Warren L wrote: Well then I am in the soup . I actually feel sorry Australia wont be far enough for them , my partner that bought in 50/50 only believes in Concrete Boots and Rivers .

Do know how I am going to explain this one to him . First horse he bought as well and cant wait for it to run:)

Wow I also wonder what Azzie is going to say to all the owners he stuck them in to the horses that did not go to the sale . Never mind all the one you see running in his own colours. Here is big trouble if you guys are correct.

Last edit: 8 years 3 months ago by Haupie. Reason: add to post

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dashing
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Re: van Vuuren's

8 years 3 months ago

#654841

the biggest joke is they threw tantrums on the azzman now this hits them talk about karma

The best horse doesn't always win the race.

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Titch
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Re: van Vuuren's

8 years 3 months ago - 8 years 3 months ago

#654843

What about the people that sold them horses and unwittingly took stolen money for them ???
If people that bought horses will have to return them then wont the people who sold them horses also have to return telkom their cash...

Give everything but up!

Last edit: 8 years 3 months ago by Titch.

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johanm
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Re: van Vuuren's

8 years 3 months ago

#654844

Whoever bought at the dispersal sale has nothing to worry about. The task of trying to reposess these horses is insurmountable. Do you actually think the liquidator will round them all up, feed them and then try and sell them again ? Won't happen.

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easy
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Re: van Vuuren's

8 years 3 months ago

#654845

wow and I defended him and his loss in racing. it appears I could not be off the mark if I tried.

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johanm
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Re: van Vuuren's

8 years 3 months ago

#654846

Titch wrote: What about the people that sold them horses and unwittingly took stolen money for them ???

They can only be held accountable if it can be proven that they knew it was stolen money.

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Muhtiman
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Re: van Vuuren's

8 years 3 months ago

#654847

naresh wrote: Earning nett salary of 60k odd and buying horses for three, four bar sooner or later people going to notice your lifestyle that you live with your salary you earn something is not right. ....

....still funny no one checked him out....his linked in profile remains unchanged.... general manager IT at Trudon.....yet he was throwing tens of millions into the game....we're such dimwits....SHAME... :blink:

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naresh
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Re: van Vuuren's

8 years 3 months ago

#654848

Alittle off the topic but in the 1990s Dr Hilda Podlas lost all horses I think because of bankruptcy or liquidation. Her horse's ran in the pink and black silks.

American Pharoah owner Ahmed Zayat, his horses was under the banner Zayat stables which survived bankruptcy proceedings before the triple crown winner came along.

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