mB
mark B

1 reviews | Active since Apr 2013

09 Mar 2017, 19:56

Awaiting Deposit refund - response 7 years later

<p>But as I told your Mom, the deposit was invested in a section 78(2A) with one of the 4 major banks.</p> <p>The file relating to the matter was filed in a storage facility which facility destroyed the file after expiry of the statutory 5 years in terms of the Attorneys Act. Consequently we were unable to establish where the investment was made and the account number of the investment.</p> <p>I spent hours in an effort to trace the investment FYI, the time spent by me in order to trace the investment, exceeds the amount of R10000.00 in fees by far. I spent this time on the matter due to my respect for tour father and mother.</p> <p>Eventually I established that your father's erstwhile employer, FNB, closed the account in 2015 unilaterally and *******ly without our instructions.</p> <p>What happened to the funds and the interest thereon is unknown at this stage. FNB invited us to file a claim which we did. We are awaiting the outcome thereof.</p> <p>If you want proof of the aforesaid facts, I will happily send you documentary proof to you e-mail address which is, by the way, unknown to me.</p> <p>In future, if you want to communicate with me, please do so by e-mail. Communication by WhatsUp is not conducive for formal communication.</p> <p>Be so mature to convey the contents hereof to both your father and mother failing which I retain my rights, which, to be more precise, entails inter alia the following: If FNB pays out the investment, I will retain the money in our trust account pending the outcome of the legal action I intend to institute...</p> <p>Regards to your father and mother.</p>

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