Lonmin accused of ‘wage evasion’
A report revealed that Lonmin transferred R1.2bn to Bermuda in the wake of the Marikana tragedy.
JOHANNESBURG - The Alternative Information and Development Centre has accused British mining company Lonmin of 'wage evasion' in the wake of the Marikana tragedy.
In a report released on Thursday, the centre details how the platinum producer transferred around R1.2 billion in commission fees to a subsidiary in Bermuda, a well-known tax haven, between 2008 and 2012.
the centre says the amounts were shifted from Lonmin's South African operations to be kept away from financing wages such as the R12,500 a month demand made by striking workers at the company's Marikana operation two years ago.
Lonmin has hit back, saying the report contains false accusations, misleading generalisations and destructive innuendo.
But speaking at the release of the report in Cape Town, the centre's Dick Forslund denies this.
"We strongly contest that it's not defamatory. They have argued that the report contains a set of material that has not been leaked, and that is completely wrong."