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Dangerous Deceits Frank Welsh

Dangerous Deceits By Frank Welsh

Dangerous Deceits by Frank Welsh


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Condition - Very Good
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Summary

This text presents Julian Askin's investigation into the Tollgate Group, the Absa bank's liquidation of Tollgate and arrest of Askin at by Italian authorities. On his arrest being declared illegal, Askin began a detailed investigation which uncovered a conspiracy by the South African Reserve Bank.

Dangerous Deceits Summary

Dangerous Deceits: The Secrets of Apartheid's Corrupt Bankers by Frank Welsh

The truth behind one of the most shocking scandals of recent years, exposing a web of corruption involving the Broederbond, the South African government, and the criminal misuse of billions of rand of taxpayers' money -- money that could have helped build the new South Africa. In March1990, shortly after Nelson Mandela's release from prison, Julian Askin, a British businessman, led a consortium of investors in acquiring the Tollgate Group, one of South Africa's biggest industrial companies. He soon discovered that he had been grossly misled by the company's bankers -- Trust Bank, now part of Absa, South Africa's largest bank, controlled by Broederbond members. A confrontation with Absa led to the bank's liquidation of Tollgate and subsequent harrying of Askin, culminating in his arrest at gunpoint by Italian authorities suborned by South Africa. On his arrest being declared illegal by the Italian Supreme Court, Askin began a detailed investigation which uncovered a conspiracy by the South African Reserve Bank, another Afrikaner-controlled institution, to defraud the state in order to benefit Absa's Afrikaner shareholders, including the Rupert Group and Sanlam. In spite of death threats being made to Askin and his family, the facts are now uncovered, to reveal a terrifying account of the relentless pursuit of an individual by a massive institution with powerful hidden supporters. Frank Welsh, author of A History of South Africa and Uneasy City, an investigation of London's financial institutions, has prepared this account of the extent to which the Afrikaner Broederbond was able to maintain its influence, and the extent of its corruption both before and after the election of Nelson Mandela as President.

About Frank Welsh

Frank Welsh was born in Washington, County Durham, and educated at Magdalene College, Cambridge. He has had a varied career in international business and banking, including service on the boards of nationalised industries and as a member of the Royal Commission on the NHS. His books include Uneasy City, A History of Hong Kong and A History of South Africa.

Additional information

GOR003336214
9780002570299
0002570297
Dangerous Deceits: The Secrets of Apartheid's Corrupt Bankers by Frank Welsh
Used - Very Good
Hardback
HarperCollins Publishers
19990528
400
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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