The Net Tightens Around Van Niekerk

• He threatens to sue NBFIRA over ‘leaked’ letter containing charges against him
• NBFIRA expected to give verdict on van Niekerk’s charges
• Van Niekerk and his lawyers avoid The Business Weekly & Review questions
• Van Niekerk brought in for hearing at NBFIRA last Friday

The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) is expected to give a verdict in a matter in which it had written a letter to controversial former GetBucks CEO David van Niekerk, asking him to show cause why he should not be declared not fit and proper to be a key person or controller of a non-bank financial institution (NBFI) following the mismanagement and collapse of Blue Financial Services under his captaincy.