McKenzie to sue Gold Fields

Gayton McKenzie says he is sick and tired of being considered the rotten apple in the Gold Fields BEE deal.

Gayton McKenzie says he is sick and tired of being considered the rotten apple in the Gold Fields BEE deal.

JOHANNESBURG - Convicted gangster turned businessman Gayton McKenzie says he's angry with people attacking him because he's an ex prisoner.

McKenzie spoke to Talk at Nine about his plans to sue Gold Fields mine because they ruined his good reputation.

McKenzie and his mining consultancy were hired in 2010 by Gold Fields, to find and identify empowerment partners for a 9% stake in its South Deep mine.

The businessman says he is sick and tired of being considered the rotten apple in the deal.

He said, "Gold Fields hired me to put the Black Economic Empowerment (BEE) deal together and I did so to their complete satisfaction. The CEO Nick Holland and I became friends, and he was very happy with what I did."

The businessman plans to sue the mining giant and Agang SA president Mamphela Ramphele because he says their BEE deal destroyed his business and ruined his "good name".

"I was the most successful mining consulting firm in South Africa, but after the issue with Gold Fields no mining company will touch us. I had to close the company."

McKenzie has challenged both Ramphele who was Gold Fields chairperson at the time and Holland to come clean about their roles in the setting up of an empowerment consortium valued at R2.1 billion.