NEWS RELEASE - GABM BOARD OF EXECUTIVES
June 14, 2018 (Updated 2020)
CONTENTS OF ARTICLE
I. INTRODUCTION
II. OVERVIEW OF GABM SA DROUGHT RELIEF PROJECT
III. CEREMONY IN NEW YORK
IV. FINALIZATION OF LEGAL AND REGULATORY ASPECTS
V. PAYMENT OF R1.5 BILLION TO SA DROUGHT STRICKEN FARMERS.
I. INTRODUCTION
The R1.5 Billion GABM SA Drought Relief Project is a private initiative by Global Association of Billionaires and Millionaires’ (GABM) former President Mark Paulsmeier to provide financial support to the farmers of South Africa who have been deeply affected by the prevailing drought conditions of his country.
Mark has raised the funds for his project from his fellow GABM members in the US, UK, Europe and Asia.
II. OVERVIEW OF GABM SA DROUGHT RELIEF PROJECT
BELOW IS A COPY OF THE OFFICIAL COMMUNICATION TO THE SA GOVERNMENT AND THE DIGNITARIES AND MEDIA.
SA MINISTRY OF AGRICULTURE
Minister Senzeni Zokwana
AGRI SA
Omri van Zyl
Christo van der Rheede
TLU / TAU SA
Louis Meintjes
Bennie van Zyl
MEDIA24
Koos Bekker
Waldimar Pelser
MARCH 15TH, 2018
OFFICIAL INVITATION EXTENDED TO THE SOUTH AFRICAN GOVERNMENT, AGRI SA, TLU SA TO ACCEPT A $120 MILLION DONATION FROM GABM MEMBERS ON BEHALF OF THE DROUGHT STRICKEN FARMERS OF SOUTH AFRICA.
Dear Sirs,
It gives us enormous pleasure to inform you that 233 GABM members have decided to continue with the funding of the “GABM SA Drought Relief Project”.
The decision was taken as a result of the overwhelming and urgent requests received from South African farmers.
PREAMBLE
During the past few years the world has experienced the worst “El Nino” weather conditions in recorded history. Most parts of the world have been affected in some way or another with devastating effects.
South Africa in particular has experienced one of its worst seasons of drought ever, which threatens the food security of the country and all neighbouring countries that heavily depend on South Africa in that regard. In fact the situation is so severe that the future sustainability of the entire South African agriculture industry is at risk.
At the same time the world economy is still in dire straits which make it even more difficult for developing countries like South Africa to respond to the plight from commercial farmers to access disaster funding.
SA DROUGHT RELIEF PROJECT
- Purpose
- Objectives
The $120 million “GABM SA Drought Relief Project” emergency funding may however not be used by farmers to repay any kind of loans at financial institutions.
- Goals
The “SA Drought Relief Project” needs the organisational infrastructure of the South African Ministry of Agriculture:
- To mobilize its representatives in provincial and local governments to actively advocate and promote the “SA Drought Relief Project” throughout South Africa.
- To fast track any additional kind of assistance / regulatory approvals from other Governmental Departments that may be necessary or required to undertake the “SA Drought Relief Project”.
The “SA Drought Relief Project” needs the organisational infrastructure of Agri SA and TLU / TAU SA:
- To inform all their members in need of temporary emergency funding to register with them.
- To extensively liaise with the print media, TV news and radio networks to inform farmers, who are not members of Agri SA or TLU / TAU SA, about the GABM “SA Drought Relief Project”; and to invite them to register with them.
- Action Plans
April 18th, 2018 - May 16th, 2018: Conclude any kind of negotiations between the South African Ministry of Agriculture and Agri SA and TLU / TAU SA and GABM.
Monday June 4th, 2018: Distribution of emergency funding.
SUSPENSIVE CONDITIONS
The emergency funding commitment by GABM members in terms of the “SA Drought Relief Project” is strictly subject to the following terms and conditions, and if not attained will render our members’ capital grants null and void, and the $120 million will be allocated to other global philanthropic programs or projects:
A: The SA Government’s Ministry of Agriculture should provide the project leader with an official letter of confirmation by end of business Wednesday April 18th, 2018, indicating the following:
- The South African Government fully and actively supports the “SA Drought Relief Project” and unconditionally accepts the GABM funding conditions as is contained herein;
- The South African Government and all applicable regulatory authorities confirm there is no legal or other objection against the GABM members’ donation to South African citizens;
- The South African Revenue Service acknowledges the fact that the donation of $120 million is from non-South African citizens / residents; and in terms of South African tax laws such donations would be entirely tax free to beneficiary.
- Agri SA and TLU / TAU SA fully and actively supports the “SA Drought Relief Project” and unconditionally accepts the GABM funding conditions as is contained herein.
GABM
GABM is the only philanthropic organization / foundation in the world where projects like the “SA Drought Relief Project” could obtain funding, which is a direct result of its membership collective’s commitment to philanthropy and most importantly as a result of the unique GABM Funding Model.
The dynamic GABM Funding Model allows its members to fund projects and disasters from profits they have generated through GABM associated projects or investment opportunities and not from their personal capital.
The $120 million capital grant for the “SA Drought Relief Project” is funded with Investment SNG Global Dollar Bearer Bonds. Read more about Investment SNG Global Dollar Bearer Bonds at investmentsngglobaldollar.blogspot.com.
CONTACT
The project leader and contact person for the “SA Drought Relief Project” will be Mr. Mark Paulsmeier and he can be contacted regarding any aspect of the “SA Drought Relief Project” at: mark@gabm-pinc.com.
CONCLUSION
We respectfully request that you ensure that all future public statements should be factually correct in so far as that the “SA Drought Relief Project” is a project initiated by Mr. Mark Paulsmeier with the support of GABM members, and that the “SA Drought Relief Project” is not an official GABM Board of Executives initiative.
This aspect is of significant importance as the “SA Drought Relief Project” by GABM definition does not qualify as a natural disaster, like the previous ones we have funded in the past.
The reason being that most developing countries are currently experiencing extreme effects relating to “El Nino” and the GABM organization does not have the collective resources to intervene in every country as GABM members are doing in the case of the “SA Drought Relief Project”.
GABM would as a result not like to be seen as favouring one country or group of people above and beyond any other country or group of people.
GABM and its membership collective are however extremely proud to be able to make a significant contribution to the agricultural industry and people of South Africa.
Yours sincerely,
Dennis Arnold
President – Global Association of Billionaires and Millionaires
III. CEREMONY IN NEW YORK
The GABM South African Drought Relief Project Ceremony was concluded by the GABM Board of Executives in New York, which is one of the most notable private capital donations in the history of South Africa.
BELOW IS THE OFFICIAL CEREMONY INVITATION TO THE DIGNITARIES AND MEDIA.
Event: GABM South African Drought Relief Project Ceremony
Venue: GABM Head Office, New York
Dignitaries: GABM Board of Executives; SA’s Ambassador in the USA and delegation; Agri SA; Omri van Zyl; Christo van der Rheede; TLU / TAU SA; Louis Meintjes; Bennie van Zyl; Media24; Koos Bekker; Waldimar Pelser; CamRey Associates.
Date: Thursday May 31st, 2018
Time: 9H00 to 17H00
- 9H00 – 9H30: Media Registration Process
- 9H30 – 10H00: Dignitary Registration Process
- 10H00 – 10H30: Official opening; GABM South African Drought Relief Project and GABM presentation by GABM President
- 10H30 – 11H15: Overview of drought conditions in South Africa by Agri SA and TLU / TAU SA
- 11H15 – 11H30: Tea break
- 11H30 – 11H45: Dignitary photo session
- 11H45 – 13H00: Media briefing – GABM Board of Executives
- 13H00 – 14H00: Lunch
- 14H00 – 15H30: Q&A session with international media (end of public session)
- 15H30 – 17H00: Finalization of administrative process
RSVP: Tracey Goodman – GABM Team NY – info@paulsmeierincgroup.com
IV. FINALIZATION OF LEGAL AND REGULATORY ASPECTS
BELOW IS A COPY OF THE OFFICIAL LETTER TO THE SA GOVERNMENT AND SOUTH AFRICAN REGULATORY AUTHORITIES.
SA PRESIDENCY
Mr. Cyril Ramaphoza
SA MINISTRY OF AGRICULTURE, FORESTRY AND FISHERIES
Mr Senzeni Zokwana
SA MINISTRY OF POLICE
Mr. Bheki Cele
SOUTH AFRICAN RESERVE BANK
Mr. Lesetja Kganyago
FINANCIAL SERVICES BOARD – SA
Mr. Dube Phineas
SOUTH AFRICAN REVENUE SERVICE
June 8, 2018
RE: NOTICE OF TRANSFER OF ZAR1.5 BILLION TO 5172 SA FARMERS - GABM SA DROUGHT RELIEF PROJECT DONATION.
Dear Sirs,
We are delighted to inform you that we have processed and approved 5172 drought relief funding applications from South African farmers.
We are determined to conclude the ZAR1.5 Billion GABM SA Drought Relief Project matter swiftly on behalf of our members, notwithstanding the fact that TLU / TAU – SA is still refusing to return the original 250 Investment SNG Global Dollar Bearer Bonds to us, as requested on several occasions (also indicated in the e-mail which has been forwarded to you).
Detailed information about Investment SNG Global Dollar Bearer Bonds:
A. investmentsngglobaldollar.blogspot.com,
B. https://35success.blogspot.co.za/2018/05/investment-sng-global-dollar-bearer.html
We have subsequently instructed CamRey Associates to arrange an auction on our behalf in Johannesburg yesterday at which another 200 Investment SNG Global Dollar Bearer Bonds were sold to South African investors.
The funds will not be transferred out of South Africa and an amount of ZAR1.5 Billion from the proceeds of the auction will now be transferred to the applicable 5172 South African farmers.
As the South African Government regrettably failed to respond to several of our earlier communications and did/could not accept our invitation to be represented at the GABM SA Drought Relief Project ceremony in New York on Thursday May 31st, 2018 (see attached Appendix A) to participate in this remarkable event, we respectfully provide the South African Government and/or any applicable financial regulator and/or law enforcement agency with an opportunity to officially object to the transfer of the ZAR1.5 Billion to the South African farmers on legal or any other grounds before close of business on Wednesday June the 13th, 2018 if:
A. The ZAR1.5 Billion donation from our non South African members is unlawful in anyway; or,
B. The South African Government does not approve of the GABM SA Drought Relief Project grant to the South African farmers for whatsoever reason; or,
C. It is unlawful for South African citizens to trade (buy and sell) in Investment SNG Global Dollar Bearer Bonds.
The ZAR1.5 Billion will be transferred directly to the applicable 5172 South African farmers on our instructions, and should be concluded by Friday June the 15th, 2018 subject to us not receiving any valid and/or official letter(s) of objection from the South African authorities as mentioned above.
We would furthermore like to confirm that the ZAR1.5 Billion is a philanthropic grant to the drought stricken farmers of South Africa, having no reciprocal financial or any other obligation of any kind except from:
A. All farmers who have received funds from the GABM SA Drought Relief Project are required to keep all information about the particular donation private and confidential, for obvious reasons; and,
B. All farmers who have received funds from the GABM SA Drought Relief Project are required to provide GABM with an Affidavit about any knowledge of the Agri SA, and TLU / TAU SA, and Media24 smear campaign against the Paulsmeier Inc Group, and GABM SA Drought Relief Project, and Mark Paulsmeier as well as how the perceptions of South Africans have been influenced by the applicable lies, deceit and betrayal. These Affidavits will be used in future criminal and civil legal proceedings in South Africa and in several other international jurisdictions. The attached Appendix B will form the basis of all legal proceedings.
Your support to conclude the Mark Paulsmeier GABM SA Drought Relief Project initiative as well as our members’ meaningful contribution to the drought stricken farmers of South Africa would be profoundly appreciated.
Please be advised this letter is not considered private and confidential and we intend to disseminate it in the public domain as well as on the GABM Facebook page.
Yours sincerely,
Dennis Arnold
V. PAYMENT OF R1.5 BILLION TO SA DROUGHT STRICKEN FARMERS
The R1.5 Billion donation has been distributed to 5172 South African farmers and the GABM SA Drought Relief Project has been successfully concluded.
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