Friday, April 27, 2007

Baloyi yet to pay Fidentia loan

By Tando Mfengwana
27 April 2007

Businesswoman Danisa Baloyi has at least two weeks left to repay R8 million loan from financial services company Fidentia Holdings.

It is reported that Fidentia curator Dines Gihwala confirmed that Baloyi is still to repay the loan.

The loan had a 90 day repayment deadlines and was called by Gihwala on February 15.

Moneyweb reports that Gihwala is in negotiations with Baloyi’s lawyers concerning repayment of the loan.

Baloyi served as the director for Fidentia and as a trustee of the Living Hands Umbrella Trust.


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