After six years of legal wrangling, the liquidators of Pamodzi Gold mines and Aurora Empowerment Systems have finally seen cash as Khulubuse Zuma, Jacob Zuma's nephew, reached a settlement to pay R23 million.
After Aurora took over from the provisional liquidators of Pamodzi Gold in 2009, assets were stripped and the mines closed. Khulubuse was scheduled to have paid R5.5-million by the end of Wednesday, and will finish paying off the amount in 52 months. "This is victory for the workers, and rule of law," said Gideon du Plessis of the union Solidarity. While Zuma reached a settlement, four other Aurora directors - Solly, Fazel and Zubeida Bhana, and Yaseem Theba - were sequestrated on Wednesday, after failing to pay their R5.9-million damages agreement. But Du Plessis said the matter wasn’t over. "There are still other people involved in the Aurora matter that still need to be sequestrated - Thulani Ngubani, Zondo Mandela and others. Their assets will now be sold, also to see how much money can be generated from that."
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