Ayob to pay back Mandela money
2007-02-27 16:02
Johannesburg - Ismael Ayob will pay back R700 000 to the Nelson Mandela Trust Fund, his attorney told the Johannesburg High Court on Tuesday.
"The R700 000 would be paid back by May 31 and we extend our apology to Mandela," his attorney Prince Daniels said.
Former president Nelson Mandela's attorney George Bizos said he was happy with the agreement even though "certain statements were defamatory against Mandela".
He said the lawsuit was brought against Ayob, Mandela's former attorney, because he had taken funds from the trust without the knowledge of the trustees.
- SAPA