Hannes Strydom’s Codeine ring: Carte Blanche producer unravels mystery, O’Sullivan’s duping

Loading player...
In a story that ranks among the most extraordinary covered by BizNews, Springbok Rugby World Cup 1995 champion and pharmacy group proprietor Hannes Strydom took a massive gamble when hiring renowned forensic investigator Paul O’Sullivan. Strydom sought to establish his innocence amidst serious allegations broadcast by M-Net’s investigative programme Carte Blanche. Following an extensive investigation, with O’Sullivan’s backing, Strydom asserted his innocence in an as live interview with BizNews editor Alec Hogg. Strydom, who reported a loss of R50 million, attributed his misfortune to a purported internal criminal ring, which he claimed had also misled the team at Carte Blanche. However, the situation took a dramatic turn when O’Sullivan discontinued his services a month into the investigation due to unsatisfactory responses from Strydom. Two days thereafter, Strydom passed away in a car accident. In this revealing interview, Carte Blanche producer Nicky Troll offers her perspective: she suggests that it was actually O’Sullivan who was misled by Strydom, whom she implicates as the mastermind behind an illegal codeine distribution network. O’Sullivan, citing his devout Catholic beliefs which discourage speaking negatively of the deceased, has declined to comment on Strydom.
8 Dec 2023 8AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Amazon beats Starlink; PIC's Lanseria crisis; Netflix's slowdown; AI's big margins

In today's BizNews Daybreak we dive into Amazon's quiet maneuver past Starlink into South Africa's satellite internet market via Herotel. We also examine the Public Investment Corporation's escalating governance crisis over the Lanseria Airport transaction, alongside policing gaps fueling local pharmaceutical drug crimes. Internationally, we cover SpaceX’s scrubbed Starship launch,…
16 Jul 11PM 15 min

The R3.5 trillion crisis: Why the PIC is under fire

South Africa's Public Investment Corporation is facing its biggest governance crisis in years. With CEO Patrick Dlamini suspended, senior executives resigning, and the Financial Sector Conduct Authority launching a formal investigation, questions over transparency, accountability, and the safety of government workers' pension funds are mounting. DA finance spokesperson Dr Mark…
16 Jul 8AM 34 min