Rodel Fiduciary

Rodel Fiduciary

Financial Services

Durban, KZN 244 followers

A first digitally integrated trust and case management system for the beneficiaries of disability awards.

About us

Rodel Fiduciary specializes in disability trusts. At the core of our fiduciary duty is our responsibility to manage the trust in compliance with best practice, preserve the future of the beneficiary through bespoke independent financial management, and most importantly to care for the beneficiary through a specialized, integrated medicolegal management system.

Website
https://rodelfiduciary.co.za/
Industry
Financial Services
Company size
2-10 employees
Headquarters
Durban, KZN
Type
Public Company
Founded
2019
Specialties
Trust Administration, Case Management , and Financial and Asset Management

Locations

  • Primary

    14 Nuttall Gardens, Morningside

    The Manor House

    Durban, KZN 4001, ZA

    Get directions

Employees at Rodel Fiduciary

Updates

  • Rodel Fiduciary reposted this

    MISAPPROPRIATION OF TRUST FUNDS FOR CEREBRAL PALSY CHILDREN Mr Nonxuba was admitted as an attorney and specialises in personal injury and medical negligence cases involving children who sustained birth injuries because of negligence on the part of medical personnel during the birth process, resulting in hypoxic ischaemic encephalopathy, foetal distress and, ultimately, cerebral palsy. The Legal Practice Council applies for the striking off of the name of Mr Nonxuba from the roll of attorneys. During the course of the manifold applications, many thousands of pages were added to an ever-burgeoning record and at least 17 judges were involved in adjudicating the various procedural and substantive legal skirmishes. Despite the fact that the court orders in all five medical negligence claims were made during 2018 and 2019, Nonxuba, as of July 2021, had not established all the trusts, and where the trusts had been established, he failed to pay over the monies due to these trusts. A further complaint was received on behalf of the Eastern Cape Provincial Treasury which identified a further five trusts which Mr Nonxuba had failed to establish timeously or at all. The LPC submitted that the trust bank account statements indicate that Mr Nonxuba made unlawful transfers from trust to business. It is inconceivable that he was entitled to trust funds amounting to R348,845,000 which he transferred in perfectly round amounts on 759 occasions since January 2017. The LPC concluded, therefore, that Mr Nonxuba siphoned off an astonishingly large amount of money from his clients over an extended period. Mr Nonxuba failed to comply with at least ten court orders requiring him to establish trusts and to pay over the funds held by him into these trusts.The remaining allegations relating to the misappropriation of trust funds and the fabrication of accounting records were met by a bare denial and a promise by Mr Nonxuba that the report from the accountant (Wapenaar) would exculpate him. The Wapenaar report, however, underscored the severity and extent of Mr Nonxuba’s transgressions. Mr Nonxuba has, through his deception of his clients, the LPC, and this court, shown himself not to be a fit and proper person to continue to be in practice. Theft of trust funds by practitioners does not only result in untold hardship for the victims, but it also brings the legal profession into disrepute. Those legal practitioners who violate the rules and ethics of the profession by failing to uphold the highest standards of honesty, reliability and integrity must suffer the consequences of their nefarious actions. The name of Zuko Mack Michael Nonxuba or Nonxuba Inc is struck off the roll of legal practitioners of this Honourable Court. South African Legal Practice Council v Nonxuba and Another (16777/2023) [2024] ZAWCHC 410 (4 December 2024) https://lnkd.in/eS7RaZDq

    South Africa: Western Cape High Court, Cape Town

    South Africa: Western Cape High Court, Cape Town

    saflii.org

  • Rodel Fiduciary reposted this

    View profile for Andrew Goldberg, graphic

    Contact 0832607530 email andrew@goldbergs.co.za CEO/Founder Goldberg Attorneys/Employment Lawyer/Problem Solver/Scrabble Master/Thought leader/Case Analyst/Out-of-the-box-thinker/Mentor/Pro-bono/Correspondent attorney

    Here is the Judgment of Francis J setting out that Nonxuba must be struck from the roll for stealing at least R188 million Rand or more in various cases involving disabled children. #Fraud #LPC #Theft

  • Rodel Fiduciary reposted this

    Enhance your medical practice with Christopher Vetted As a medical supplier you can claim directly from the Road Accident Fund in terms of sections 17(5) of the RAF ACT. Christopher Vetted steps in to provide financing for services rendered to motor vehicle accident victims. Christopher Vetted contracts with hospitals, doctors and other medical service providers to provide financial solutions towards medical invoices submitted to the RAF. With Christopher Vetted, you can focus on delivering essential care to accident victims, while we handle the finances. Our partners and team of experienced claims administrators ensures your invoices are managed efficiently, allowing you to receive payment within a reasonable time frame. This funding alternative helps you maintain financial stability and deliver uninterrupted care to Motor Vehicle Accident patients with confidence. Enquire now and ensure your practice remains financially secure. https://lnkd.in/d-JGeaQZ #ChristopherVetted #RAFClaims #MedicalFunding #RoadAccidentCare #HealthcareFinance #ChristopherGroup

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  • Today, the 3rd of December 2024, is the International Day of Persons with Disabilities. As a trust company working with people who are disabled in road accidents or through medical negligence, we would like to acknowledge all of those living with disabilities, their families and loved ones and the professionals who care for them. We see you.

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  • Over time, our strength has proven to be in the management, oversight and care of beneficiaries which includes supplying care givers and putting hospital guarantees in place so that patients can be admitted without delay. All of this means that you can be comfortable with completely handing your injured patients over to us - providing assurance that your client is well-cared for, allowing you to focus fully on your professional duties. #rodelfiduciary #wecare

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  • Rodel Fiduciary reposted this

    View profile for Kim Hawkey, graphic

    Chief Content & Product Officer at Afriwise | Independent Contractor

    South Africa Legal Alert: The Constitution Twenty-first Amendment Bill [B22-2024] has been presented to the Portfolio Committee on Justice and Constitutional Development. It seeks to establish the Anti-Corruption Commission as a Chapter 9 institution. The commission will work in cooperation with the National Prosecuting Authority and have the power to institute criminal proceedings on behalf of the State in relation to serious corruption and high-level organised crime. The Bill provides for the commission’s composition, functions and powers. Afriwise #organisedcrime #commercialcrime #corruption #abc #crime #legalalert #southafrica #lawandlegislation

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