In City Press Business: Cops gun for Pamodozi liquidator, Guptas accused of ‘money laundering’

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In City_Press Business today: New court application shows the Guptas are making an attempt to bag R1bn from Optimum mine business rescue; Metropolitan Health probed for allegedly using a small black business as a front to win a major contract

Here are some of the headlines in your City Press Business section today: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.

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.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.

 

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