Attorney is co-accused in fraud case
A PROMINENT Durban attorney was yesterday (Tuesday) joined as a co-accused with a well known businessman in a high profile fraud case.
Attorney Rakesh Kadarnath Maharaj appeared with businessman Marco Accolla in the Durban Commercial Crime Court.
They are also facing charges of forgery and uttering.
Maharaj was granted bail of R5 000 and Accolla, the former lover and business partner of businesswoman Rosanne Noella Narandas (pictured with Accolla), was recently granted bail of the same amount.
The State alleges that on June 17 last year Accolla and Maharaj acted in common purpose in respect of the fraud, forgery and uttering charges. The State claims they misrepresented to the Companies and Intellectual Property Commission and the Master of the High Court that M Arshad was a creditor of Noella Rosario cc, which holds the leases for fashion boutique stores Ooh La La. According to the charge sheet this caused Narandas financial prejudice amounting to R5 million.
The accused were ordered to appear in court again next Wednesday.