Joburg investment fund fears: BHI's new trustees on hunt for missing money

  • 📰 News24
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 80%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Joburg investment fund fears: BHI's new trustees on hunt for missing money

The provisional trustees appointed to administer the scandal-plagued BHI Trust have had their powers to dig into the trust’s finances extended.

Gert de Wet and Sumaya Mohamed Ali this week received the go-ahead from the Master of the High Court in Johannesburg to appoint legal and forensic experts to help recover missing funds. They now hope to extend their powers ever further to allow them to subpoena bank accounts linked to the trust and summon witnesses to give evidence. South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.

This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.

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:

 /  🏆 4. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines