Court deals blow to Smuts Ngonyama in Bosasa battle

Unless he appeals, judgment means his shares will belong to liquidators of Bosasa Youth Development Centres

10 June 2021 - 18:11 By Franny Rabkin

In a blow for investor and SA’s ambassador to Japan, Smuts Ngonyama, the Supreme Court of Appeal has overturned a high court judgment that ordered the late Gavin Watson of Bosasa to ensure the return of lucrative mining shares to Ngonyama’s investment vehicle, Thunder Cats Investments...

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