Zuma, Mandela run out of appeals; court orders must cough R1.7bn on Aurora
The Aurora directors had appealed a court ruling that they must be held liable in their personal capacity for looting of the Pamodzi mining assets worth R1.7 billion.
The Aurora directors had appealed a court ruling that they must be held liable in their personal capacity for looting of the Pamodzi mining assets worth R1.7 billion.
The application of five former directors of the controversial Aurora Empowerment Systems for leave to appeal has been denied by the North Gauteng High Court.
Former directors of Aurora, Solly and Fazel Bhana’s application to appeal an earlier ruling that they were liable for R35 million in the Aurora saga has been dismissed by the North Gauteng High Court.
By Alec Hogg On Monday, Gideon du Plessis, the urban and measured head of trade union Solidarity, came on air to fling a raft of allegations at politically connected entrepreneur Solly Bhana – the man blamed for the Aurora Gold debacle. Among his slings was Bhana had skipped the country after being told to cough … Read more
Television is sometimes criticised as promoting the superficial; a flag-bearer of the sound-bite; co-creator (with Twitter) of the 140 character generation. But when TV works, no other medium can compare. And today’s CNBCAfrica Power Lunch debate between two warring parties really worked. Entrepreneur Solly Bhana has been painted as an evil crony capitalist responsible for … Read more