Caught in web of de­ceit

Finweek English Edition - - Main Stories This Week -

WHAT HAP­PENED

A TEAR­FUL CARL NIEHAUS ap­peared to come clean in an open con­fes­sion to the Mail & Guardian news­pa­per about his ex­trav­a­gant life­style and the lies he told to sus­tain it. An al­leged at­tempt to de­fraud the Gaut­eng Eco­nomic De­vel­op­ment As­so­ci­a­tion and fail­ure to pay for a R90 000 hol­i­day pack­age were among a litany of charges against the for­mer strug­gle stal­wart. DE­SPITE AD­MIT­TING to wrong­do­ing, The Star said Niehaus’s con­fes­sions masked more lies con­cern­ing his be­hav­iour over the years, such as re­cent rev­e­la­tions that he lied about his sis­ter dy­ing so he could get a free air ticket from his then em­ployer. The Sowetan blamed in­stant grat­i­fi­ca­tion and the “bling” cul­ture for Niehaus’s woes.

| WHAT OTH­ERS SAID

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