×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

The provisional liquidators of African Global Operations, formerly Bosasa, have scored a victory over the company’s directors after the Supreme Court of Appeal (SCA) ruled that the liquidation of six subsidiary companies which secured unlawful contracts from the state can proceed.

The court also held that an auction of assets of the six companies, which raised about R113m, was lawful, rejecting the directors’ argument that they hadn’t given their consent...

This article is free to read if you register or sign in.

If you have already registered or subscribed, please sign in to continue.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.