5. JYBA TRUST i) The Panel noted that a 10% shareholding was transferred by Trifecta Investment Holdings to the JYBA Trust in January 2010. ii) The beneficiaries of the trust are Ms Botha's nieces and nephews; iii) This allocation was in accordance with the affidavit by Mr. Scholtz and gave effect to the promise made by Mr. Breda in 2005 to Ms Botha. iv) In her response to the Panel's questions on this matter, Ms Botha said that Trifecta had given the shares to her niece Angelique Botha as she worked for Trifecta Investment Holdings; she made no mention of the other nieces and nephews including those who were minors. v) She indicated that Angelique Botha was employed by Mr. Breda, a close family friend, to liaise with government clients on behalf of Trifecta Holdings. 6. AFFIDAVIT AND TESTIMONY BY MS BUIZER i) Ms M Buizer was a former office manager at Trifecta Investment Holdings, from 2005 to 2010. ii) She spoke to her affidavit and said that she was told by Mr. Scholtz to allocate the costs of Ms Botha's renovations to the Magambos Building acting (a building owned by Trifecta Investments) to conceal the benefit to Ms Botha. iii) At the time, in 2009 Mr. Scholtz indicated that the estimated budget for the renovations would be R1.5 m. iv) She also said that no stage was this amount represented as a loan, as the procedure for capturing loans in the financial records was different.