The Please Call Me millions: But wait, there’s more
Errol Elsdon offered a stake in a separate court case as security for funding Nkosana Makate’s Please Call Me battle, but the trust says he had no agreement with it.
In 2013, Black Rock Mining representative Errol Elsdon sought to secure a £250,000 investment from an unknown source to fund Nkosana Makate's legal battle against Vodacom. This investment was intended to be returned within 90 days if Makate lost the case. However, it later emerged that Wilna Lubbe, an LHUT trustee and Makate's lawyer, claimed that Elsdon was never involved in the funding process.
The legal battle began in 2010 when LHUT filed a claim for damages against Old Mutual Unit Trust Managers, seeking R1.124 billion for negligence in managing the investment portfolio of the trust. This money was stolen by Fidentia boss J Arthur Brown in 2004, leading to Brown's imprisonment in 2014. Despite Elsdon's promise to secure winnings from the LHUT fight against Old Mutual, he ultimately did not receive any proceeds.
The LHUT won the case in 2022, but it was overturned by the Supreme Court of Appeal in 2024 due to lack of evidence linking Old Mutual's actions to the theft.
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