Wendy Addison on bringing down Leisurenet, two-faced Richard Branson, life after whistleblowing

Loading player...
It's just over two decades since accountant Wendy Addison tipped off SA's Exchange Control authorities that something smelly was happening at Leisurenet, owner of 87 gyms and a darling of the JSE. As a result of her whistleblowing, Addison, a CA (SA), was forced to flee to the UK, accompanied by hard evidence of the massive fraud. But her dream job with high-profile entrepreneur Richard Branson ended when the Virgin chief opted to do a deal with the fraudsters and marched his recently appointed group treasurer out of the building - and literally into the begging lane. SA's first high-profile commercial whistleblower reflects on life-changing years when her testimony and subsequent pressure eventually put the company's joint MDs Rod Mitchell and Peter Gardiner behind bars, explaining how she applied those experiences to shape a different life. She spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6 Apr 2023 8AM English South Africa Investing · Business News

Other recent episodes

Tim Cohen: Doubling down on transformation

The fight over transformation policy in South Africa is intensifying as four of the biggest law firms legally challenge the new legal sector codes. Currency News Senior Editor Tim Cohen joins Irakli to discuss the deeper fault lines exposed by this clash, questioning whether the push for 50% black ownership…
18 May 11AM 9 min

Juanita du Preez: The police generals are falling like dominoes…

The deepening crisis in the South African police force has seen generals toppled either through suspension or arrest. In this interview with Chris Steyn, Action Society's Juanita du Preez comments on the suspensions of the National Commissioner, the Mpumalanga Provincial Commissioner, and the Head of Supply Chain Management, as well…
18 May 7AM 16 min

How solidarity plans to force out BEE by 2030: Connie Mulder | The NdB Sunday Show

In this edition of the NdB Sunday Show with Chris Steyn, Connie Mulder, the head of Solidarity's Research Institute (SRI) shares its comprehensive roadmap to gradually transition South Africa from race-based legislation to real empowerment, based on need, economic growth and job creation by 2030. It includes practical suggestions on…
17 May 7AM 30 min