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PfflyerThe CGHI story went to Aurora Empowerment and

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Echo20   Wednesday, 12/21/11 08:24:27 PM
Re: pfflyer post# 1955
Post # of 1965 
Pfflyer

The CGHI story went to Aurora Empowerment and that. Was then managed
By South African president Zumas lawyer.

President Zuma had his personal lawyer run Aurora Empowerment.
His nephew and the grandson of Nelson Mandela worked at Aurora
Empowerment also.

Aurora is for. BLACK OWNERSHIP of mines in South Africa. That was part of President Zumas election
Campaign .

Aurora then merged into and with Labat Africa, LAB: JSE.

Then:

Labat Africa Ltd. announced that at a company board meeting held on 17 June at 23 Kroton Avenue, Weltevreden Park, the Aurora representatives namely Messrs M Hulley, Z Mandela, K Zuma and T Ngubane were replaced as directors with immediate effect and the following directors, Messrs Brian Jacobs and Dumisani Barrington Simphiwe Lupungela were elected as independent non-executive directors to serve in their place. Brian was employed by Telkom for a period of 22 years and resigned from a senior management position in 1999 to pursue personal business interests. Lupungela has worked as a security advisor to the Premier and Director General of the Eastern Cape Provincial government until 2006.

The leader of Aurora just left Labat Africa with no explanation.
That is where this has lead to.

Echo20


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