2oceansvibe News | South African and international news

Sponsored by RSAWeb rss
2ov Radio
  • Home
  • About
    • Terms and Conditions
    • Seth Rotherham
  • du Cap Collection
  • Café du Cap
  • Cabine du Cap
  • Media Packs / Advertising
  • Contact
    • Contact
    • Anonymous Tips
    • Twitter
    • Facebook
Seth Rotherham
  • This Guy Wanted Media24 To Pay Him R320K To Keep Quiet

    15 Nov 2013 by Jasmine Stone in Crime, Culture, Legal, Media, Politics
    Related Posts
    • Cape Town Paraglider Tracks Fleeing Criminal From The Air
    • Hijackers' Tactics To Steal Trucks Are Next Level
    • A Klerksdorp Parking Lot Assault Turned Deadly And Now The Accused Has Skipped The Country
    • Durban Woman Hailed As A Hero For Ramming A Robber With Her Tazz Speaks Out [Video]
    • Pretoria Sisters Arrested After Fraudulently Diverting R137 Million From Company Making Snowflake Flour Into Their Own Pockets

    Wian Bonthuyzen, the former Media24 manager of community newspapers in Media24’s Volksblad stable, had some allegedly damning evidence against Media24 – naturally he tried to get Media24 to pay him off before he went to the Competition Tribunal.

    On Tuesday, Bonthuyzen testified that Media24 used its Forum newspaper in the Free State Goldfields as a “fighting brand” against competitor, Gold-Net News. He said advertising tariffs at Forum were cut to below that of the competitor without a minimum and without regard to production cost.

    This sneaky strategy was a closely-guarded secret, and documents about the deals weren’t kept in the office.

    Complicating matters is the fact that Media24 charged Bonthuyzen with fraud, but asked him to assist in the Competition Comission case in 2011 while his own fraud case still hadn’t been finalised. He was eventually found guilty of committing fraud to the value of R3,000 with another possible R5,000 loss. He spent more than R500,000 in legal fees.

    So Bonthuyzen was, in effect, only attempting to get Media24 to help him pay off his legal fees through peddling his damning evidence against them. According to him, he would never have testified for Media24, “Never in my life!”

    [Source : MoneyWeb]

     

    • ← You Could Replace All Your Credit Cards With This One ‘Supercard’ [VIDEO]
    • Check Out The Stuff That Gets Censored On China’s Twitter →
    • Tweet
    • Tags:
    • Crime
    • Forum
    • Fraud
    • Gold-Net News
    • Media24
    • Wian Bonthuyzen

    Latest News

    • Catch These PUMA And Nando’s Collab Sneakers While They’re Extra Hot

      [imagesource:puma] Nando's is always doing the most. If the flame-grilled chicken ho...

    • This Bulgarian Startup Wants To Replace Courier Vans With Drones [Video]

      [imagesource:publicdomain] A Bulgarian drone company is looking to replace city-to-city...

    • Six Years In Prison For Four Men Found Guilty Of Torturing A Seal On Cape Town Beach

      [imagesource:wikimediacommons] (Warning: Gruesome Images) Justice has been served fo...

    • Migrants Trying To Reach The UK Are Crossing The Alps On Foot

      [imagesource:wikicommons] These days we've become almost too used to stories that featu...

    • Holy Moly, Woolworths’ Execs Earned Eye-Watering Amounts In 2023

      [imagesource:capetownairport] According to Woolworths' annual remuneration report for 2...


    • 2oceansvibe Partners

    • CONTACT US
    • GOT A HOT STORY?
    • 2oceansvibe Radio
    • 2oceansvibe Media
    • Media Pack
    • Seth Rotherham
    • Café du Cap
    • Cabine du Cap
    • Cape Town City Accommodation
    • Terms & Conditions
    • Business
    • Media
    • Entertainment
    • Tech/Sci
    • World
    • Travel
    • Lifestyle
    • Sport
    • Politics
  • Follow

    2oceansvibe.com is part of the 2oceansVibe Media Group

    DMMA Logo