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Here are some of the headlines in your City Press Business section today:
Cops gun for Pamodozi liquidator, court chief and IDC man
The police have tried to seize an enormous pile of documents from a high-profile liquidator best known for administering the Pamodzi gold mines – one of South Africa’s most infamous corporate scandals.
Guptas accused of ‘money laundering’
A court application by a Gupta-linked company in Bermuda to secure R1 billion from the estate of the Optimum Coal Mine has been rubbished as just one more attempt to make the business rescue of various Gupta companies grind to a halt.
Ayo Technology Solutions shock allegations
Former directors of the predecessor company of Ayo Technology Solutions are suddenly finding themselves owning shares in the beleaguered company that they would very much like to sell – if only someone would buy them.
Metropolitan faces fronting probe
The Broad-Based Black Economic Empowerment Commission and National Treasury are probing Metropolitan Health for allegedly using a small black business as a front to win a major contract to administer the Government Employees’ Medical Scheme.
Losing licence bidder fumes
One of the losing bidders for the free-to-air television licence recently awarded by the Independent Communications Authority of SA is fuming over the results, calling it a lost opportunity for local businesses and the youth.
For more on these and other stories, get your copy of City Press today.
