1 reviews | Active since Jan 2024
Wickedness we get from Standard bank trust
Hi I'm Necolette Molapo As a mother of the beneficiary in Standard bank trust, my advise to anyone who wants to open a trust it will be GO TO OTHER BANKS but not standard bank
The trustees are evil and trust management too, those people refuse to show/give me detailed statement from Stanlib and Liberty investments.
Whenever I asks why my daughter's trust statement account on unrealized profit loss is growing on each month they fail to respond and always tell me they are not allowed to explain to me.
Mr Ari Slatsky the financial advisor for my daughter's trust also won't tell/ show us how the investments are progressing
Since the commencement of this trust account in 2017 our monthly salary of R5000 + additional R1500 for transport is still amount the same. Whether the economy in South Africa is poor or stable the unrealized profit loss grows on my daughter's statement account.
Worst once I request for them to set appointment date so that they could sit me down to discuss way forward and how we could prevent the unrealized profit loss, they always shut me down.they are well aware that the trust is for their benefit not my daughter's.
Standard bank trust in Rosebank doesn't even deserve a 1 star I've rated them with, they deserve no star at all.
Worst is Sue Prem, Charmaine Msibi and former Nolwazi Matheatsie who to the extend of their wickedness constructed a trust deed without my knowledge and to the extend included my name in the document and after refuse to include me in the affairs of the trust.
Nolwazi Matheatsie resigned early 2018 and even to this day the trust deed still has her name on it, and whenever I ask why her name is not removed as she no longer work for the bank they simply say Necolette you know how the Master's office operate, they don't do their jobs.
This people needs to be monitored now and then especially when it comes to the trust awarded for vulnerable people like us who don't have any background solid education like Diploma, Degree etc. This kind of people are not suppose to work at banks.
I just imagine the name TRUST and its employees are opposite that.
Thank you for alerting us to this. We have escalated the matter to the relevant team so that we can ensure a speedy resolution.
Thank you for alerting us to this. We have escalated the matter to the relevant team so that we can ensure a speedy resolution.
