Optimum Coal to exit business rescue after six agonising years
The mine will be operated by Liberty Coal, controlled by former Gupta associate Daniel McGowan.
Source: moneyweb.co.za
Templar Capital News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Templar Capital. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Templar Capital Today - Breaking & Trending Today
High court seals National Prosecuting Authority's R500m Optimum Coal forfeiture settlement deal
The order marks the end of the NPA’s case to seize Optimum assets on the grounds that the Gupta-owned Tegeta Resources bought it with the proceeds of crime in 2016.
Source: dailymaverick.co.za
NPA strikes forfeiture deal to end Gupta-linked Optimum Coal wars
A cash settlement with former Gupta business associate’s Templar Capital and Liberty Coal has the backing of creditors, labour and business rescuers. A cash settlement with former Gupta business associates Templar Capital and Liberty Coal has the backing of creditors, labour and business rescue...
Source: dailymaverick.co.za
Court dismisses Optimum Coal's case seeking access to Richards Bay Coal Terminal
The Guptas and Daniel McGowan's involvement in the terminal's use is bringing unwanted local and global attention to it and RBCT: judgment.
Source: moneyweb.co.za
Court dismisses Optimum Coal's case for Richards Bay Coal Terminal access
The Durban High Court this week dismissed Optimum Coal’s case to be granted access to its export entitlement through the RBCT.
Source: citizen.co.za