King spent R65m on lawyers

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King spent R65m on lawyers
2006-08-05
Billionaire and alleged fraudster Dave King has already spent over R65 million on lawyers and there is more where that came from, the Pretoria High Court heard on Wednesday. Prosecutor John Myburgh described King's allegations that the National Director of Public Prosecutions and Reserve Bank had deliberately left him without any funds after freezing all his local and overseas assets as "outrageous". It is outrageous to submit that we are infringing any of his rights. No facts were placed before the court to prove this," he said. King faces 322 charges of tax fraud, racketeering and foreign exchange contraventions laid out in an indictment of 200000 pages. King has said he would have to represent himself as he had no money to pay his defence. He has spent R65 million on lawyers "He is one of the wealthiest men not only in South Africa, but also in the United Kingdom, who spends between R1 million and R2.4 million per month and spends in excess of R300000 on his credit card.
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