Dirty work at the crossroads alleged as the nation’s biggest medical detritus trial looms.
Edgar Adams, once a leading figure in the lucrative medical waste industry has been fired from the company he founded. And he alleges that he has been coerced into selling his shares to a competitor.
Adams has launched interdict proceedings in the Western Cape High Court against the current directors of Solid Waste Technology (SWT) Holdings to stop the sale of his shares, claiming that an investor who provided capital for his business while it was under business rescue was part of a devious corporate takeover strategy.
The alleged conspirators deny this, claiming he willingly agreed to the sale of his shares.