In City Press Business: Cops gun for Pamodozi liquidator, Guptas accused of ‘money laundering’

  • 📰 City_Press
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

In City_Press Business today: New court application shows the Guptas are making an attempt to bag R1bn from Optimum mine business rescue; Metropolitan Health probed for allegedly using a small black business as a front to win a major contract

Here are some of the headlines in your City Press Business section today:The police have tried to seize an enormous pile of documents from a high-profile liquidator best known for administering the Pamodzi gold mines – one of South Africa’s most infamous corporate scandals.

Former directors of the predecessor company of Ayo Technology Solutions are suddenly finding themselves owning shares in the beleaguered company that they would very much like to sell – if only someone would buy them.The Broad-Based Black Economic Empowerment Commission and National Treasury are probing Metropolitan Health for allegedly using a small black business as a front to win a major contract to administer the Government Employees’ Medical Scheme.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business partner accuses Razwinane of taking company money | News | National | M&G🔒 The Mail & Guardian understands Elias Diale funded GWS, at a time when Ralliom Razwinane was on the verge of filing for bankruptcy, in return for a stake in the company.
Source: mailandguardian - 🏆 2. / 92 Read more »

Tear gas, gun fire outside army HQ as Sudan protests press onSudanese security forces fired tear gas early Tuesday at thousands of anti-government protesters who had been demonstrating outside army headquarters for a third straight night, but soldiers intervened firing in the air, witnesses said.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Switzerland and Brazil determined to unravel Petrobras money-laundering affairMore than 130 businessmen and politicians have been convicted in Brazil in the case, focused on Petrobras and Odebrecht
Source: BDliveSA - 🏆 12. / 63 Read more »

Lori Loughlin and her husband Mossimo Giannulli hit with additional money laundering chargeSixteen parents accused in the college admissions scheme including actress Lori Loughlin and her fashion designer husband Mossimo Giannulli have had money laundering added to their charges.
Source: Channel24 - 🏆 48. / 51 Read more »

JOB ADS: FM money and investment editor, Business Day deputy editorHere's your chance to join the team at one of SA's most innovative publishers
Source: BDliveSA - 🏆 12. / 63 Read more »

Foreign shop owners in Eastern Cape pay Sanco, business forum 'protection money'Immigrants who own shops in the Eastern Cape town of Cofimvaba say the South African National Civic Organization (Sanco) together with the Intsika Yethu Business Forum have been forcing them to pay if they want their shops to be “protected” against xenophobic attacks. Our_DA what do you have to say about this. Where are your most honourable leaders now? helenzille - surprised you haven’t pulled your puppet master strings and made MmusiMaimane blurt out some twisted media statement RootOutTheEvilsOfTheCorruptDA ConcernedCitizensOfGlenhazel
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Foreign shop owners in Eastern Cape pay Sanco, business forum 'protection money'Immigrants who own shops in the Eastern Cape town of Cofimvaba say the South African National Civic Organization (Sanco) together with the Intsika Yethu Business Forum have been forcing them to pay if they want their shops to be “protected” against xenophobic attacks. mafia Extortion!!!!
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Foreign shop owners in Eastern Cape pay Sanco, business forum 'protection money'Immigrants who own shops in the Eastern Cape town of Cofimvaba say the South African National Civic Organization (Sanco) together with the Intsika Yethu Business Forum have been forcing them to pay if they want their shops to be “protected” against xenophobic attacks. Wonder, what cut, the cops R getting . To think I have always thought the Mafia was a private organization not a gvt run entity. This is really gross, from protection fee, what's next? Here in Nomzamo they loot shop of fellow citizens. Xhosa
Source: TimesLIVE - 🏆 28. / 59 Read more »

Kevin 'Two Guns' Lerena can gun for boxing's bigger titlesThe 32-year-old Ukrainian, who became the undisputed cruiserweight champion following his victory over Murat Gasiev in the final of the World Boxing Super Series in Russia, will make his debut in the heavyweight division against Carlos Takam next month.
Source: SowetanLIVE - 🏆 13. / 63 Read more »