The Herald (South Africa)

Ex-fidentia boss living in R8m mansion

Financiall­y crippled Brown mum on who foots rent bill

- Buyekezwa Makwabe

FIDENTIA’S former head, J Arthur Brown, is living in a house worth nearly R8-million. He was served notice at the luxury Bishopscou­rt, Cape Town house – with a private tennis court – of an appeal last month by the National Prosecutin­g Authority against his R150 000 fine for fraud.

During a marathon trial – which after six years failed to prove he stole from widows and orphans and which left him financiall­y crippled – Brown lived in three houses worth a combined R26.9-million. The University of Port Elizabeth (UPE) dropout and former instant lawn salesman insisted this week that his financial position was dire and that he effectivel­y lived on charity. “I do not live in luxury from supposed ill-gotten gains,” he said.

Brown, who declined to elaborate on who paid his rent, insisted he survived on the “financial support of my close family, and individual­s who believed in my plight”.

“The private lives of my family are not a subject for the media . . . Considerin­g my reliance on others, my living expenses are very conservati­ve,” he said.

Testifying in his defence earlier this year, he told the Cape Town High Court: “The in- vestors suffered and for that I am truly sorry . . . the terms widows and orphans still haunt me.” The good Samaritans who leased or subsidised the homes Brown lived in during the trial include:

ý British property developer Brett Jolly, who in 2007 claimed to have discovered the world’s biggest diamond; ý UK businessma­n Matthew Machin; and ý South African property developer Rhett Molyneux.

The 4 707m² four-bedroom Bishopscou­rt house is owned by Up Front Investment­s 171 (Pty) Ltd, which featured Machin and Molyneux as directors. Machin this week said the company was “hijacked” by a partner. Attempts to reach Molyneux for comment failed.

The house was nearly auctioned three months ago due to municipal debt. “A sale in execution was pending, but the debtor went into liquidatio­n,” city mayoral committee member for finance Ian Neilson said.

In 2009 Jolly emerged as the person who rented a luxury home at the Atlantic Golf Estate in Melkbosstr­and – and a Mercedes-Benz SL63 AMG – to Brown and his partner, Annelizé van den Bergh. Jolly himself is now em- broiled in a legal battle with Molyneux in the Cape Town High Court over money. He claims Molyneux introduced him to Machin.

Brown moved into Machin’s R16-million Hout Bay home when details leaked about his stay at the golf estate.

Machin said there was “no financial arrangemen­t in place” and he had “never touched a cent of money belonging either to Brown or his family, even though I have been accused of laundering money for him”.

Machin asked Brown to leave after their associatio­n led to his UK bank accounts being frozen for nine months.

Brown’s assets and the R11-million beachfront home he shared with his then-wife Susan were seized by the state in 2007.

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J ARTHUR BROWN

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