SANDILE Majali was arrested by the SAPS commercial crimes unit yesterday over fraud.
This follows an investigation after the directorship of mining company Kalahari Resources was changed from Brian Amos Mashile and his sister Daphne Mashile-Nkosi to a group of eight individuals including Majali, the unit said in a statement.
Majali and seven others allegedly removed Kalahari Resources' directors from the Companies and Intellectual Property Registration Office database in August.
An urgent interdict was brought before the Johannesburg high court last month. The court ruled that Cipro reinstate the siblings as directors of the company.
Reacting to the news of the arrest, Mashile-Nkosi said she was relieved.
Kalahari Resources owns a 40percent stake in Kalagadi Manganese, the mining company developing an R11 billion manganese mine and sinter plant in the Northern Cape, as well as a smelter at Coega.
The Industrial Development Corporation owns 10 percent of Kalagadi Manganese, while steel producer ArcelorMittal owns the remaining 50 percent stake.
Majali came into the public eye following his role in the so-called Oilgate saga that saw him "donate" R11 million of PetroSA's funds to the ANC ahead of the 2004 elections.
According to police, four members of the group - including Majali - have been arrested and police were "hot on the heels" of the other four.
'Business hijacker' Majali held
SANDILE Majali was arrested by the SAPS commercial crimes unit yesterday over fraud.
This follows an investigation after the directorship of mining company Kalahari Resources was changed from Brian Amos Mashile and his sister Daphne Mashile-Nkosi to a group of eight individuals including Majali, the unit said in a statement.
Majali and seven others allegedly removed Kalahari Resources' directors from the Companies and Intellectual Property Registration Office database in August.
An urgent interdict was brought before the Johannesburg high court last month. The court ruled that Cipro reinstate the siblings as directors of the company.
Reacting to the news of the arrest, Mashile-Nkosi said she was relieved.
Kalahari Resources owns a 40percent stake in Kalagadi Manganese, the mining company developing an R11 billion manganese mine and sinter plant in the Northern Cape, as well as a smelter at Coega.
The Industrial Development Corporation owns 10 percent of Kalagadi Manganese, while steel producer ArcelorMittal owns the remaining 50 percent stake.
Majali came into the public eye following his role in the so-called Oilgate saga that saw him "donate" R11 million of PetroSA's funds to the ANC ahead of the 2004 elections.
According to police, four members of the group - including Majali - have been arrested and police were "hot on the heels" of the other four.
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