Former Fidentia boss J Arthur Brown yesterday accused the company's curators of destroying what used to be a highly profitable concern.
Former Fidentia boss J Arthur Brown yesterday accused the company's curators of destroying what used to be a highly profitable concern.
But curator Dinesh Gihwala dismissed the charge as "rubbish".
Brown said in court papers filed in a bid to stave off sequestration that he plannedto launch legal action to reverse the curatorship order issued in March last year.
He said Fidentia had made R45 million a month before it was placed under curatorship after an investigation by the Financial Services Board. - Anton Ferreira
FIDENTIA LASHED
Former Fidentia boss J Arthur Brown yesterday accused the company's curators of destroying what used to be a highly profitable concern.
Former Fidentia boss J Arthur Brown yesterday accused the company's curators of destroying what used to be a highly profitable concern.
But curator Dinesh Gihwala dismissed the charge as "rubbish".
Brown said in court papers filed in a bid to stave off sequestration that he plannedto launch legal action to reverse the curatorship order issued in March last year.
He said Fidentia had made R45 million a month before it was placed under curatorship after an investigation by the Financial Services Board. - Anton Ferreira