‘Krejcir stole my company’ – the sordid details

2013-11-24 14:00

Radovan Krejcir and his business partner, slain Cape Flats gang boss Cyril Beeka, told prospective investors they had brought 2 400kg of gold, and diamonds worth R7 billion, into South Africa.

This claim, contained in documents City Press has seen, was part of a scheme to lure investors to their gold and diamond beneficiation company, which they allegedly hijacked from an East Rand businessman.

City Press learnt that the company was simply a front through which the Krejcir syndicate could “launder” stolen gold jewellery acquired by his pawn shop in Bedfordview.

The documents, which the Hawks have had for two years, also reveal how the company was hijacked.

The owner operated the business from the Rand Refinery complex in Germiston and held both metal beneficiation and diamond dealer’s licences.

The businessman wanted to make gold coins containing a diamond for the 2010 World Cup, but he needed an investor.

Enter Krejcir, who offered him R5 million for half of his company, on behalf of Groep Twee Beleggings, owned by his wife, Katerina Krejcirova.

But the bank guarantee Krejcir submitted with help from a privatecyril banker from a major bank was false.

Company records show that Krejcir’s son, Denis, then 18, became a director of the company in December 2010 and remains its only director.

“I complained and confronted him at our office at Rand Refinery,” says the businessman.

“He pulled a pistol and held it against my head. He said he’ll blow my brains out.”

He went into hiding and then made a statement at the Alberton Police Station. He then spoke to Germiston Hawks head Colonel Frans Steyn.

“I gave him photographs, documents and a statement. I never heard from the police again,” he said. “A while later I was shot at. It was clear that Krejcir knew where I was.”

The documents show that the SA Diamonds and Precious Metals Regulator investigated the company in March 2012 and found that “other people” were operating from the premises.

Krejcir then visited the regulator and claimed he was the company’s new owner and applied for the diamond and beneficiation licence.

City Press has a letter from the commander of the Hawks’ Specialised Organised Crime unit, Colonel Corrie Maritz, in which he says money laundering charges were being investigated against Krejcir and his associates.

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