Auditor to testify in Agliotti trial

2010-07-28 10:18

Johannesburg - Allan Gray auditor Stephen Mildenhall is expected to testify at the trial of convicted drug trafficker Glenn Agliotti on Wednesday.

Agliotti faces four charges: two counts of conspiracy to commit murder, one charge of attempted murder and another of murder in the South Gauteng High Court in Johannesburg.

One conspiracy charge and the murder charge relate to the killing of mining magnate Brett Kebble. The other conspiracy charge relates to Mildenhall and others and the attempted murder charge is for the shooting and injuring of Mildenhall in 2005.

Mildenhall was employed by Allan Gray Limited, a registered investment portfolio manager, which held the investment portfolios of Kebble's JCI and RandGold and Exploration (R&E) mining companies. Mildenhall discovered in 2005 that both JCI and R&E had failed to comply with listing requirements of the Johannesburg Stock Exchange.

Mildenhall was a party to meetings between officials of Investec Bank and JCI.

The Kebbles were seeking a loan for JCI to save it from possible liquidation. Mildenhall proposed that for JCI to recover, Kebble should not be allowed to continue having control over the company.

'Out of commission'

On Tuesday, Nigel McGurk, hired by Kebble's head of security Clinton Nassif, told the court how he and an accomplice arranged to pay two "coloured guys" R150 000 to shoot Mildenhall.

McGurk said his instructions were to put Mildenhall "out of commission" for two to three months and not to kill him.

This was done and Mildenhall's wallet was burned and his driver's licence was handed to Nassif as proof.

The trial was expected to continue at 11:30.

- SAPA