Drama behind the scenes at HCI; court documents confirm increasing hostility between chairman Marcel Golding and the board — particularly CEO and co-founder Johnny Copelyn THE behind-the-scenes drama preceding the shock suspension of Hosken Consolidated Investments (HCI) co-founder and chairman Marcel Golding earlier this week included a stymied attempt to buy out the company’s media assets, a costly dalliance in Ellies shares and hints at political interference in the e.tv news channel.Court documents in Business Day’s possession confirm increasing hostility between Golding and the board — particularly CEO and co-founder Johnny Copelyn.Golding said the deterioration in his relationship with Copelyn included differences on how to manage pressure from the South African Clothing and Textile Workers Union (Sactwu) on HCI and Sabido Productions and the fact that Sactwu "persistently" tried to influence e.tv news to further its agenda.Golding’s documents show stark differences in percept...
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