How To Steal A Goldmine
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Indicative market price: R299
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Product details
Condition
New
Location
South Africa
Product code
9780624090564
Bob Shop ID
594319825
In 2009, Aurora Empowerment Systems a black-owned, politically connected business, made a bid to rescue the liquidated Pamodzi Gold mines.
Khulubuse Zuma, Michael Hulley and Zondwa Mandela, were listed as directors of Aurora. The company looked too good to be true promising to turn the mines into a new business. Soon after the acquisition, cracks appeared. Many workers and suppliers went unpaid and Aurora-managed mines were stripped of assets, as illicit payments were made.
Khulubuse Zuma, Michael Hulley and Zondwa Mandela, were listed as directors of Aurora. The company looked too good to be true promising to turn the mines into a new business. Soon after the acquisition, cracks appeared. Many workers and suppliers went unpaid and Aurora-managed mines were stripped of assets, as illicit payments were made.