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Investor in R2.3bn fight
The Citizen
|December 06, 2024
ECSPONENT: SEEKS PROVISIONAL LIQUIDATION
The investor in financially distressed Ecsponent who unsuccessfully attempted to provisionally liquidate the previously JSE-listed company has not thrown in the towel yet. Her fight to find out what happened to the R2.3 billion invested in preference shares in the company continues.
Jienie-Michelle Dreyer has now sent a letter of dispute on a petition to appeal to the Chief Justice of the Supreme Court of Appeal in Bloemfontein to give notice that she intends to apply to the court to review the case on the grounds of "grave failures of justice" and against the whole judgment and orders of Judge G Ally.
Ally on 20 February dismissed her application to provisionally liquidate Afristrat and on 26 May dismissed her application for leave to appeal his judgment, and the Supreme Court of Appeal ruling on 11 November not to entertain her petition for leave to appeal the judgment.
Dit verhaal komt uit de December 06, 2024-editie van The Citizen.
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