1, Cimentos Da Bierra (Mozambique): In consultation with Crowe Forensic, Kahamelo Forensics Services (mandated by Eiser & Kantor Attorneys) constructed a financial model to calculate the effects of various scenarios on the financial projection exercise prepared by IDC regarding the advancement and conversion of a loan. Kahamelo Forensic Services was also mandated to provide an opinion on whether, in terms of Section 5(c), an unduly large proportion of capital was required and if the advance of the loans in complied with Section 5(a).

2, USN: Kahamelo Forensics Services (mandated by the Board of Directors) is currently assisting the company with litigation support and expert witness services by verifying and quantifying a possible claim relating to supplier.

3, VBS Bank: Kahamelo Forensics Services (mandated by Crowe Forensics), assisted Crowe Forensics with compiling sworn statements to be submitted as part of the court.

4, Lanele Group: In consultation with Crowe Forensic, Kahamelo Forensics Services build a financial model which projected and discounted cash flows suffered due to the early termination of a 30-year lease contract pertaining to the development of land entered into by Lanele Group and Transnet, in order to calculate the consequential damage suffered by Lanele in the form of loss of profit. Kahamelo Forensics Services performed a detailed critique of the methodology adopted by the counter parties to assist the legal team.

5, Msobo Group: Kahamelo Forensics (mandated by an owner of the Msobo Group) performed independent verification of the costing/procedures used by the entities within the Msobo Group in its coal production process to calculate a claim in relation to the alleged misuse of company assets by various entities/individuals.

6, JDJ Holding Company: Kahamelo Forensics Services (mandated by Weavind and Weavind Attorneys) performed an independent valuation of JDJ Holding Company and its six subsidiaries in terms of Court Order 14080/2018. Kahamelo Forensics Services compiled an independent expert valuation report used by the court to adjudicate the matter. Kahamelo Forensics Services also compiled a memorandum consisting of potential red flags identified during the valuation performed which may necessitate a forensic investigation.

7, Gondo Security Services: Kahamelo Forensics Services (mandated by MLS Attorneys) quantified and the damages which Gondo Security Suffered due to Transnet’s repudiation of an agreement between the parties regarding the delivery of security and related services, as ordered by the court. Kahamelo Forensics Services also calculated the Mora interest on the damages in line with the DA Cruz vs Bernardo court case.

8, Generic Insurance Company: Kahamelo Forensics Services quantified and verified Generic’s claim regarding premiums paid based on forensically sound supporting documentation and provided expert services during the expert meeting in the arbitration proceedings.

9, Ecsponent Limited (JSE listed): Kahamelo Forensics Services (mandated by the Board of Directors) carried out a forensic investigation into Ecsponent’s investment in VSS’ (a subsidiary of MyBucks) redeemable preferences shares and assisted Ecsponent in drafting a response to the JSE which is independent and factually supported. Johan also assisted Advocate Anthony Michael with damage claim calculations during litigation.

10, Nehemias Constructions and Business Enterprises: Kahamelo Forensic Services was mandated to quantify and verify the consequential damage which Nehemias suffered in the form of a loss of profits due to the early termination of its contract by a South African University of Technology.

11, Echotel International: In consultation with Crowe Forensics, Kahamelo Forensics Services (mandated by Harty Rushmere Attorneys) expressed an opinion, in the form of an expert report, on the impact of liabilities on the market value of the acquired shares in various companies, including whether it is sound to contend that the value of the shares was impacted by the warranty breached. Kahamelo Forensics Services also performed quantification and verification procedures on damage claims for Echotel and compiled a rebuttal report used in litigation proceedings.

12, CRRC E-Loco: Kahamelo Forensics, in conjunction with Bob Makukunzva, is assisted CRRC E-Loco with litigation support by performing an independent pricing analysis for their case against Transnet.

13, Edwin Construction: Kahamelo Forensics carried out an independent accounting confirmation on the Gross Profit Percentage stipulated on a tender contract entered between Edwin Construction and the South African National Roads Agency (SANRAL).

1, Liviero Mining (in liquidation): Kahamelo Forensics Services (mandated by D&T Trust Liquidators) conducted forensic investigation into Liviero Mining’s financial affairs prior to and during business rescue. Kahamelo Forensics Services reported on whether Liviero Mining’s directors contravened Section 424 of the Companies act. Kahamelo Forensics Services also assisted D&T Trust in drafting a report to SARS regarding Liviero Mining’s business rescue practitioner’s conduct.

2, Probuild Construction (in liquidation): Kahamelo Forensics Services (mandated by D&T Trust Liquidators) carried out an independent forensic assessment on available financial and other information to determine the cause of the company’s financial difficulties prior to business rescue.

3, Dickenson Furnace Services (in Business Rescue): Kahamelo Forensics (mandated by Clyde & Co) drafted a memorandum for one of Dickenson furnace Services’ mayor supplier which contained a review of Dickenson Furnace Services’ draft business rescue plan, and which indicated risks and concerns identified.

4, Copenship Bunkers A/S (Denmark, in liquidation): In consultation with Bowman Gilfillan and Michael Fitzgerald (SC), Kahamelo Forensics Services assisted Copenship, a Danish Company, with the financial forensic procedures, which included detailed financial, accounting treatment and tax analyses into various agricultural transactions, during litigation with a South African grain

5, Afri Circle (in liquidation): Kahamelo Forensics Services (mandated by D&T Trust Liquidators) carried out a forensic investigation into hostile take-over and incorporation of Afri Circle into a dormant closed corporation. Kahamelo Forensics Services assisted the liquidators identifying and tracing Afri Circle’s assets and obtaining forensically sound evidence, which was used in obtaining further warrants in terms of Section 69 (3) of the Insolvency Act 24 of 1936.

6, Skincon Kalibrate (in liquidation): Kahamelo Forensics Services (mandated by D&T Trust Liquidators) carried out a forensic investigation of Skincon’s financial affairs to determine if any untoward activities occurred at the company. Kahamelo Forensics Services’ forensic investigation included inter alia taking charge of Skincon’s electronic and physical records of the company into our possession and assessing the validity and accuracy of the claims submitted by Skincon’s creditors.

7, World Marine Offshore (Bunkers Suppliers, in liquidation): Kahamelo Forensics Services (mandated by D&T Trust liquidators), carried out a forensic investigation which focused on World the financial difficulties experienced by Marine World Offshore, its mismanagement, breakdowns in its internal controls, poor corporate governance at Marine World Offshore, fraud, misappropriation and other illicit activities at Marine World Offshore. Kahamelo Forensics Services also assisted Marine World Offshore’s liquidators with expert reports to support claims against related parties for the misappropriation of company assets.

1, De Vos divorce case: Kahamelo Forensics Services was mandated by Sulandi du Plessis Attorneys to calculate the accrual in the parties’ estates and value a group of companies held by one of the parties, which included the valuation of non-local companies.

2, Nel divorce case: Kahamelo Forensics Services was mandated by Labuschagne Attorneys to calculate the accrual in the parties’ estates. During this engagement Kahamelo Forensics Services identified that the redeemable preference shares owned by one of the parties were in substance over form ordinary shares and, therefore, Kahamelo Forensics Services valued the party’s ordinary shareholding. Kahamelo Forensics Services further identified and valued right-of-use assets, i.e. assets which a company/individual uses in the production of income/wealth without owning/leasing the assets, not disclosed.

3, Tusik divorce case: Kahamelo Forensics Services was mandated by Du Preez Incorporated to identified and traced hidden local and international real estates and bank accounts held by one of the parties and to calculate the accrual in the parties’ estates based on findings made.

4, Hlahla divorce case: In consultation with Crowe Forensics (mandated by D&T Trust Liquidators) Kahamelo Forensics Services calculated the accrual in the parties’ estates. The parties’ estate consisted inter alia of a group of 54 companies which Kahamelo Forensics Services valued using valuations methodologies accepted by the High Court. Johan further assisted Advocate Nigel Riley during the High Court proceedings as an expert.

5, Geldenhuys divorce case: Appointed by Ulrich Roux and Associates (URA), Kahamelo Forensics Services assisted with the legal proceedings pertaining to financial assessments of a company’s global business performance and the impact of

1, CB/FRP Task Force Solution: Kahamelo Forensics Services is part of a unique South African Task Force of experienced experts from multiple disciplines, headed by Covington & Burling (United States of America) and FRP Advisory (United Kingdom), which provides a bespoke solution across all sectors utilising a Risk Based Approach (RBA) to identify, assess, monitor, investigate and assist South African entities on the ground to ensure appropriate Financial Action Task Force (“FATF”) best practices are adhered to. This bespoke solution will allow entities continued international trade unfettered by the stigma, caused by the RSA’s FATF Grey List, of bribery, corruption, money laundering and terrorist financing concerns, held by international banks, correspondent banking services and trading partners.

2, Glencore PLC – Western Chrome Mines (Swiss Multinational): In consultation with Crowe Forensics, Kahamelo Forensics is conducting an independent forensic audit on the Glencore Western Chrome Mines’ procurement business cycle in order to identify risks and weaknesses in the cycle as well as to recommended appropriate and bespoke controls which Glencore Western Chrome Mines’ can implement in its procurement business cycle to mitigate the risks and weaknesses identified.

3, Chemical Energy Paper Printing Wood and Allied Workers’ Union (CEPPWAWU): In consultation with Crowe Forensics, Kahamelo Forensics Services performed financial and forensic accounting services, which included inter alia liaising with CEPPWAWU accounting staff to assist in the process of capturing the relevant financial information, obtaining financial software licenses, preparing annual financial statements on a basis which would be the most cost effect at least onerous on CEPPWAWU, preparation of audit packs, appointment of external auditors and performing a financial audit to advise CEPPWAWU on identified areas of concern and possible avenues to pursue civilly or criminally.

4, Rolfes Holdings: Kahamelo Forensics Services assisted Rolfes Holdings temporarily with financial managerial services which included inter alia group consolidations, finance manager responsibilities and project assistance. 

5, Blue Label Telecoms (JSE): Kahamelo Forensics Services assisted Blue Label Telecoms with financial and forensic accounting services relating to a highly technical VAT review.

6, AVENG DFC (Copaflo): In consultation with Crowe Forensics, Kahamelo Forensics Services assisted AVENG DFS’s new management during the acquisitions of the business unit with working capital and due diligence procedures as part of its IDC funding requirements.