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Judgment in Aurora Empowerment Systems case today

───   08:15 Tue, 03 Mar 2015

Judgment in Aurora Empowerment Systems case today | News Article

Pretoria - Judgment will be handed down in the High Court in Pretoria today in an urgent application by Khulubuse Zuma to have claims of over R1.5 billion against Aurora Empowerment Systems set aside.

Zuma's court bid could hinder efforts by liquidators to hold the directors of Aurora responsible for the apparent stripping of assets at the mines in Springs and Orkney.
 
The case brought by the liquidators was due to be heard on March 23. Zuma claims that the liquidators have neglected their duties. In 2009, Aurora was appointed by liquidators to manage the mines in Springs and Orkney. However, the company instead allegedly stripped the mines of infrastructure and also left hundreds of employees without pay and surviving on handouts.
 
Sapa
 

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