Liquidators go after ANC and Regiments Capital owners to recover R50m
A payment has come back to haunt the Regiments Capital owners, Litha Nyhonyha and Niven Pillay, and along with them the governing party.
Stay updated with breaking news from Kgoro Consortium. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A payment has come back to haunt the Regiments Capital owners, Litha Nyhonyha and Niven Pillay, and along with them the governing party.
The company made a generous payment towards ANC election expenses in 2016. Now liquidators want paperwork from the lawyer whose trust account the funds were channelled through.
SCA chooses in favour of Sars and liquidators. Chief Justice Judge Raymond Zondo heard a great deal of
SCA decides in favour of Sars and liquidators.
The owners of Regiments Capital say they need roughly R20m from their assets under restraint to cover legal expenses for several high-stakes court cases.