🇿🇦 South Africa
8h ago
Bart Henderson: Masterbond to BHI - 30 years of better rules, same buried victims
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Bart Henderson qualified as a Certified Fraud Examiner in 1994 and walked straight into Masterbond. About 12,600 savers, mostly elderly, lost R595m. By one count at least 16 took their own lives. Some ate tinned pet food. Thirty years later he’s working on the BHI Trust collapse. Claims there top R1.5bn, and the victims are again retirees who believed someone had checked. In between, we wrote King I to V, FICA and a new Companies Act. Then came Steinhoff. So what changed? Henderson says the ince
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