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Mandela-Zuma mine buried

NAILED: Aurora Empowerment Systems closes shop. Photo: KATHERINE MUICK-MERE
NAILED: Aurora Empowerment Systems closes shop. Photo: KATHERINE MUICK-MERE

Aurora Empowerment Systems, the company that brought Pamodzi Gold's East Rand and Orkney operations to its knees, was liquidated yesterday, Solidarity said.

Solidarity said the liquidation order - which was granted by the North Gauteng high court after ratifying a R9-million liquidation application of Copper Eagle - paved the way for legal action against the directors for the Aurora disaster.

The first such claim is expected to come from the joint provisional liquidators of Pamodzi Gold, who are expected to hold the directors accountable for R1.7-million worth of losses at the mines.

Aurora took over management of the still operational mines in late 2009 but over the two years they were under the company's management the mines were looted to the point where huge capital expenditure is necessary to restore the mines to operational level.

The four directors in the firing line are Khulubuse Zuma, Zondwa Mandela, President Zuma's attorney Michael Hulley and Thulani Ngubani, Aurora's commercial director.

Having failed to produce documents to the commissioner of the inquiry, the directors were seen as purposely aiming to drag out the process and were accused of derailing an inquiry into Aurora's dealings.

"The joint provisional liquidators express their disappointment as to the way in which the Aurora directors, and their consultants, have disregarded the due process of law in what can only be considered an attempt to delay the conclusion of the master's investigation into this matter," the liquidators said.

They added that they had reserved the rights of the insolvent estates in totality, including the right to lay criminal charges against the witnesses.

"The liquidation order will hopefully result in the directors being brought to book for their mismanagement and self-enrichment," said Solidarity deputy general secretary Gideon du Plessis.

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