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Schalk Burgers Welbedacht #Wine Farm is in the sights of #FirstRand

FirstRand has applied to the Western Cape High Court for the liquidation of Welbedacht Wines. The wines are produced on the Welbedacht estate in Wellington. The estate is home to the Burger family – Schalk Burger senior, his wife Myra, son Schalk junior, and Tiaan, as well as daughter René. Schalk senior and junior are both former Springbok rugby players. As at June 11 court papers reveal that Welbedacht Wines was indebted to FirstRand in the amount of R3.3m. The application was set to be heard today, but has been postponed to October 9. From Money Web 



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