The money was a donation to President Cyril Ramaphosa’s ANC presidential campaign coffers from the company now known as African Global Operations.
The liquidators said they are still consulting with their attorneys on which aspects of ruling to appeal.
The firm confirmed earlier on Monday that its two banking service providers decided to close their accounts by the end of this month, citing reputational risk.
Eyewitness News has put together some of the Bosasa scandals you could pick from, if you won the R190 million from Powerball winnings.
ANC Eastern Cape Treasurer Babalo Madikizela says running an organisation like the ANC is becoming more expensive while revenue keeps shrinking.
Mantashe's head of security Mzonke Nyakaza says he was the one who dealt with Leshabane while Mantashe not aware of the installations.
Veteran journalist Adriaan Basson says Bosasa once hired former public relations officer Benedicta Dube to warn him against continuing with his exposes on Bosasa.
Raymond Zondo says urgent steps must be taken by law enforcement to stop the further plundering of tax payers money.
Bosasa whistleblower Angelo Agrizzi says Gavin Watson visited Nkandla for the first time soon after an expose about its cost.
Mmusi Maimane has said it’s becoming increasingly difficult for the president to avoid the party’s earlier calls for an independent inquiry into Bosasa.
The reports indicate that Bosasa paid Zuma R300,000 every month, while Jiba and Mrwebi pocketed R100,000 and R10,000 respectively for their silence.
The inquiry is investigating allegations that he received cash payments from Bosasa tender in 2013, where the company installed security systems at various courts.
Bosasa holds multi-million-rand government tenders and has also been linked to dodgy payments and security services for some Members of Parliament.
The company holds multi-million-rand government tenders and has also been linked to dodgy payments and security services for some Members of Parliament.
Ramaphosa revealed that until recently he was unware of R500,000 payment by Bosasa which has also been linked to dodgy payments and security services for Members of Parliament.
President Cyril Ramaphosa last week told Parliament that the R500,000 payment made to Andile Ramaphosa was above aboard.
President Cyril Ramaphosa says his son Andile owns a financial consultancy that does work for a number of companies, including Bosasa.
Former SABC COO Hlaudi Motsoeneng says he believes reports that Jacob Zuma had a hand in the alleged Bosasa payment of his legal bill are misleading.
