Tuesday 6 March 2012

The liquidators of Aurora Empowerment Systems, which is accused of asset-stripping bankrupt Pamodzi Gold, will lay charges of fraud this week against Nelson Mandela’s grandson Zondwa, and Ahmed Amod, an attorney for the company. The liquidators are also said to be planning to lay charges this week against Aurora chairman Khulubuse Zuma and possibly other directors under section 424 of the Companies Act, under which directors can be held personally liable for company debts. The charges follow a threat by the liquidators to lay charges of perjury against Thulani Ngubane, a director of Aurora, after he gave evidence at an inquiry.

0 comments:

Popular Posts

Pageviews from the past week

Text Widget

Recent Posts

blogspot editorial Headline Animator

blogspot editorial

Download

Subscribe via email

Enter your email address:

Delivered by FeedBurner

Headlines

FeedBurner FeedCount

Páginas

Blog Archive

Followers