Embattled diamond dealer Louis Liebenberg's company Tariomix is to be liquidated. This follows a ruling on Friday by the Mahikeng High Court in North West that a provisional liquidation order issued in February last year be made final. This means Tariomix has been placed under final winding-up.
While Liebenberg and Tariomix had denied the company was unable to pay its debts or had acted illegally, lawyers accused it of being an insolvent Ponzi scheme.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: