Bosasa liquidators should ‘never have been appointed’
African Global Holdings — formerly Bosasa — says placing the Bosasa group of companies under liquidation was void from the beginning
The affairs of the Bosasa African Global Operations group of companies should not be under the care of liquidators who conduct “rampant activities” and who should not have been appointed in the first place. This submission was made in the South Gauteng High Court by African Global Holdings' counsel‚ Mike Hellens SC‚ on Wednesday. Bosasa changed its name to African Global Operations in 2017. Bosasa has been accused during evidence presented to the state capture inquiry by its former COO, Angelo Agrizzi, of having bribed government officials and ministers with millions of rand to win lucrative government contracts. African Global Holdings seeks an order declaring that the special resolution taken by six directors of African Global Operations on February 12 placing the Bosasa group of companies under liquidation was void from the beginning and of no force and effect. Hellens said the special resolution was not properly passed. The company also seeks an order that Cloete Murray and Ralp...
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