News Formal

PIC battles Ayo in court over 'positive misrepresentations' that led to its R4.3bn investment

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 59%

Россия Новости Новости

Sekunjalo Group's Ayo says if investment is set aside by the court it will mean “the inevitable and imminent demise of Ayo”.

It was because of fraudulent “positive misrepresentations” by Ayo Technology Solutions the PIC had invested R4.3bn in the company in 2017, the PIC said in court papers...

You’ve always trusted us to help you navigate the world. Support the Sunday Times by becoming a premium member for only R80 and keep the conversation going. You can cancel anytime.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Bye bye. You won’t be missed

No one will miss Ayo….

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 28. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

JUST IN | Top exec of UK's BT threatened ahead of court appearance in AYO trial | BusinessA top executive of Britain's BT Group – formerly British Telecom – on Thursday testified that he received a threatening phone call before giving evidence in the trial of AYO and the Public Investment Corporation. | News24_Business _Business I'm not surprised. Anything to do with IckyBall is deeply suspect.
Источник: News24 - 🏆 4. / 80 Прочитайте больше »