Judgment expected in Khulubuse Zuma's court application
Liquidators want the president’s nephew & co-directors to be held liable for mismanagement at Aurora.
JOHANNESBURG - Judgment will be handed down today in Khulubuse Zuma's urgent application to have claims of more than R1 billion against his company set aside.
Zuma, who is the president's nephew, is the former director of Aurora Empowerment Systems, which managed two mines in 2009.
Liquidators want him and his co-directors to be held liable for mismanagement at the mines and 5,000 job losses.
The North Gauteng High Court will decide this afternoon whether or not to grant Zuma's application to have his multibillion rand case set aside.
Liquidators of Zuma's company, Aurora, want him and his co-directors to pay up to R1.5 billion for mismanaging the mines it took over and for allegedly stripping the infrastructure of the plants and selling it as scrap.
Congress of South African Trade Unions (Cosatu) Secretary General Zwelinzima Vavi, who was in court on Monday, says it's important the case goes ahead because the mineworkers are still owed money by the company.
"The issue of the R1.5 billion is absolutely important because it has a direct baring as to whether those workers will get any of the money that is due to them."
Liquidators and the Master of the Court want Zuma's application to be thrown out.