Aurora directors found guilty in Pretoria High Court
- Published on 26 Jun 2015
- HR Pulse News Desk
The High Court in Pretoria has found the directors of Aurora Empowerment Systems, including President Jacob Zuma's nephew Khulubuse Zuma and former president Nelson Mandela's grandson Zondwa Mandela, guilty of stripping the assets of the liquidated Pamodzi Gold's mines.
All the directors were held liable for damages. Zuma was found guilty of reckless management and was held liable for costs after 1 December 2009. Aurora was liquidated in October 2011. The directors were accused of stripping the assets of the liquidated Pamodzi Gold mines in Springs, Gauteng, and Orkney, North West. They were also accused of causing the loss of more than 5,300 jobs.
