contract23 April 2025E000017
Motsumi–Medicare 24 loan agreement
On 23 April 2025, Matlala sent a loan agreement to Van Wyk in which Motsumi advanced R20 million to Medicare 24 Tshwane District, to be repaid with R100 million profit by July 2027. Tsakani Matlala signed an acknowledgement of debt.
8 claims from testimony
"a loan agreement is concluded between Mr Motsumi and Medicare24"
"That document is sent by Mr Matlala to Mr Van Wyk on the 23rd of April 16:24"
"Mr Motsumi is going to advance R20 million to Medicare24 Tshwane District"
"the repayments we see in paragraph 3.1 are going to be in monthly instalments paid to the lender via electronic banking transfers calculated at 20% of the monthly nett profit of Medicare24 Tshwane District"
"until July 2027, alternatively until such time as the lender has received the sum of R100 million in profit, whichever comes first"
"reflects a debt of 20 million arising out of a business loan from Mr Motsumi"
"signed by Tsakani Matlala on the 25th of April"
"That document that is sent at 16:25 is the signed acknowledgement of debt"