Angor Property Management
Angor Property Management – Angor Property Specialists is calling on bright and accurate graduates to submit their application and qualify for its CIMA Financial Controller Internship intake for 2022. Be sure to take a close look at the minimum eligibility requirements before applying.
Angor Property Specialists, established in 1998, is one of the leading property managing agencies in South Africa. The company is fully compliant with the Estate Agency Affairs Board and currently manages more than 450 individual trust accounts.
Angor Property Management
Angor Property Specialists is a CIMA-registered training partner and the only one of its kind with such accreditation. The company specializes in estate and complex property management.
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The successful candidate will join a 3-year CIMA internship and will be reporting to Angor’s General Manager Property Management division. As a financial controller intern, the main role of the office is to ensure the smooth daily operation of the department by processing all voyage statements and monthly reports in the most timely manner.
The internship runs for a period of three (3) years and carries a monthly stipend of R10 000 to R13 000.
Eligible applicants can apply by accessing the company’s job portal and filling the application form. Click the link below to get started:
Allow Angor’s HR Department two (2) weeks to send feedback on your application – consider the application unsuccessful if you do not receive feedback within this period
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Click on the link to view a PDF copy ofThe Angor Property Specialists CIMA Financial Controller Internship 2022 Ad Sheet.
If this internship is no longer available, please do not make any inquiries. You can view our other graduate internship listings that are currently accepting applications.
Don’t miss the latest updates for graduate programs. Like us on Facebook and follow @SA for more information or leave a comment below for further inquiries.
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Angor Property Specialists (pty) Ltd
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In our article titled “CSOS Adjudication Incompetence or Intent?” We have also exposed one of the most elegant schemes by which members of the property syndicate are unjustly enriching themselves and fellow syndicate members by giving and facilitating the illegal abuse of trust funds to fund personal litigation costs.
Angor Property Specialists Cima Financial Controller Internship 2022
In this article we deal with more information obtained from the public domain and otherwise directly from members of the public further exposing this illegal scheme and its pervasiveness.
From the emails of 24 September 2021 and the first and second of 5 October 2021 between sectional title property owners and their managing agent Angor Property Specialists Pty (Ltd) (“Angor”) attached below, it is clear that six body corporate trustees and an “estate trustee” was recently arrested and charged with one or more of the offenses of theft, fraud and forgery and uttering (“the criminally charged trustees”). Angor is a prominent member of the Property Syndicate and his full NAMA membership certificate is also attached below.
From the above mentioned emails it is also clear that Otto Krause Inc. Attorneys, who are the attorneys of record for Angor, are illegally funded from body corporate trust funds to represent the criminally charged trustees. This is despite objections raised by owners who have “never been approached… and would never have approved it”.
Angor confirmed that the aforementioned “criminal charges have been brought”, that it “continue[s] to take instructions from [the criminally charged trustees]” and will continue to fund their criminal defense from body corporate trust funds, regardless of the objections from the owner. Angor also made it clear in its email dated October 5, 2021 that it will not provide any further information on the matter to owners, despite being forced to finance the litigation.
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Angor justified his conduct by misrepresenting to owners that “according to the Sectional Titles Schemes Management Act, a trustee is only disqualified when convicted of a crime involving theft or fraud [and] none of the trustees has been convicted and therefore remains in office as trustees”.
As discussed in our article entitled “SAICA, IRBA and CSOS disregard laws aimed at protecting property owners and investors from fraud”, body corporates are regulated by, among other things, the Sectional Titles Schemes Management Act 8 of 2011 (“the STSMA” ) and the Management Regulations for Sectional Title Schemes which include the prescribed management rules made thereunder (“the PMRs”).
Section 6(1) of the Management Regulations of Sectional Titles Schemes of 2016 [xix] (amended 30 July 2022) confirms that the “relay, as prescribed and as amended by a body corporate in accordance with section 10 of the [STMA], must be deemed to be and interpreted as laws made by and for the body of the scheme.
From the communication between Angor and the owners of the corporate body, attached below, it appears that all the above-mentioned laws have been, or have been willfully violated by Angor and the criminally charged trustees in which the said criminal matter is concerned, and Possibly even by Otto Krause Inc. Attorneys depending on what they already know with respect to the illegal conduct described here.
Angor Property Specialists
Trustee indemnities do not permit the use of trust funds during proceedings and do not apply to this matter
In the private property article entitled “Trustees of sectional title scheme can be liable for losses” [v] it confirms that section 8 of the STSMA “refers to the conduct of trustees and the way they carry out their duties and gives clear instructions in this way A trustee should conduct himself in such a way that he should: act honestly and in good faith; exercise his or her powers in the interests of the corporate body; not exceed the power given to him; and must avoid any material conflict between his or her own interests and those of the corporate body, i.e. he must not receive any personal economic benefit from any decision made” (emphasis added). Furthermore, “[a]ny trustee who acts in breach of his fiduciary relationship can be liable to The body corporate for any loss suffered as a result of his actions.”
The above article also briefly refers to PMR 8(4) which provides that “[The body corporate must indemnify a trustee who is not a managing agent against all costs, losses and expenses which are the result of any official act which is not in breach of the trustee’s fiduciary obligations to the body corporate” (emphasis added). But what does this mean, and is such a bearing applicable to the said criminal matter?
To find an answer to the above question, we turn to what the court said in “Stander et al. v. Schwalst et al.” (“The Stander Pass”). (para 9) unsuccessfully approached the court for an order allowing them “to withdraw money from the said trust in order to fund the defense of an application brought…
Angor Property Specialists (pty) Ltd Suspected Of Fraud
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