Investec in court


Investec in court

Seven minority shareholders of Randgold and Exploration Company Ltd are suing Investec Bank Ltd for a billion rand for damages they claim they suffered as a consequence of Investec's having gained effective control of the company following the collapse of Brett Kebble's criminal empire. Investec director David Nurek's conflicts of interest are at the centre of a court case that could see Investec facing claims totalling more than R7 billion.

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Keywords:
Nurek
Kebble
Investec
Minority Shareholders Rights
Companies Act
J C I
Randgold
Proceeds Of Crime
South Africa
Theft
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Submitted by : Elaine Edwards on 2011-11-24 14:09:08
I wish to congratulate these shareholders. I will be praying for their success in this matter. I have for a long time shaid that I felt that the Directors who took us small (I have 100,000 JCI shares for which I paid R67,000)
shareholders to the cleaners. They really put ears on us................but they did it so blatantly. I have prayed and asked our heavenly Father to see that justice be done..................
It looks as though my prayers are being answered..................
All the best to you folks in your fight for justice................I wish I could join you.
Go for it
The bigger they are the harder they will fall.
The mills of God grind slowley, surely and exceedlingly fine

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