Mango BRP to proceed with sale after Gordhan misses court deadline
Sipho Sono informs the minister he assumes approval has been granted in terms of the Public Finance Management Act
05 February 2024 - 05:00
The business rescue practitioner (BRP) of low-cost airline Mango says he is proceeding with selling the airline after public enterprises minister Pravin Gordhan failed to meet a deadline set by the high court to make a decision on the proposed sale as required by the Public Finance Management Act.
The rescue practitioner, Sipho Sono, said in his latest business rescue report that he had written to the minister on January 31 informing him he assumed the approval had been granted in terms of the act as per the court order...
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