Authorities dig up dirt in horseracing

www.fin24.com/Companies/TravelAndLeisure...horseracing-20111002

Interesting read click on link above

Sure it was in the Sunday times as well AL,interesting and uncomfortable times for our leaders

The Competitions Commission needs to set up a hotline to air other issues.

Here is our chance.

I must ask.

Rian states thats 80% of dividends paid to Horse racing Trust is put back in stakes for the 4000 odd races held by Phumelela.

Where would the stakes for races come from if no dividend was paid to shareholders. Why is it the trusts responsibility and not Phumelela' to secure the stakes for racing.

Surely the trust should be using the money they recieveto secure the future of racing not help the operator out of a problem of their own doing.

Thanks

Sly

@eastexpo:

'The Competitions Commission needs to set up a hotline to air other issues.

Here is our chance'.


the manager is Mr Keith Weeks & email:

'ccsa@compcom.co.za'


Send in your comments asap!

I'm not sure Ms. Kema can be trusted. She currently has several people suing her for unpaid accounts. The company Africa Race International doesn't even exist. She seems to be a very good con artist...

@scrooge:

sending you a PM

@scrooge:

sorry.... you not listed yet for PM!

will do so once you on.

regards

Take all of the this with a pinch of salt - Phum and Goldcircle will kill this with facts

News Clip

Interesting that this seems to be happening wide of PGE! Must be wreaking havoc on PGE strategies.

I like it, the more people involved with promoting and marketing the game the better