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A spoonful of sugar and a saint couldn’t pull the wool over the Takeover Regulation Panel’s eyes regarding the obvious — according to the panel — concerted action by Simon Rudland to get his hands on Tongaat.

All credit to Zano Nduli, deputy executive director of the panel, for a pugnacious bit of digging that sits awkwardly with Tongaat’s own due diligence, which couldn’t find anything untoward about the unsavoury affair...

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