'Bosasa' applies for urgent court interdict to stop auction sale

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'Bosasa' applies for urgent court interdict to stop auction sale.

In the court papers Watson lists the group's clients as having from CTM, SAA, Anglo Gold Ashanti, department of basic education, BMW, FNB, Eskom, CSIR, Ford, Continental, Wits University, University of Free State and Toyota, among others.

However after the allegations made by Agrizzi at the Zondo commission, FNB and Absa closed the banking facilities of AGO Group. "On 21 February Mr Murray arrived at African Global Group's headquarters in Mogale City accompanied by security guards and over the next two days took control of the premises and the businesses and excluded the staff and directors.

Source: News Formal (newsformal.com)

 

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