How Lowe can you go?


How Lowe can you go?

The dirty business of the CEO of mining company Resgen includes environmental pillage, theft and paedophilia.

Resource Generation Ltd (Resgen), a company listed both in Australia and on the JSE, is currently seeking to raise funds to develop the controversial Boikarabelo open-cast coal mine in the Waterberg region. The project is to be undertaken by its BEE-compliant local subsidiary, Ledjadja Coal.

Various NGOs have been desperately campaigning to stop coal mining there, as it threatens to permanently poison the water supply to huge swathes of already drought-stricken South Africa. Besides its impact on human settlements and agriculture, it could destroy the Kruger National Park.

No surprise: in keeping with the culture of the Zuma era, Resgen’s single biggest shareholder is the government-controlled Public Inves­t­ment Corporation.

In October the Resgen Board issued a statement announcing that, “given the current state of negotiations with proposed financiers”, it has deemed it in the best interests of the company to extend the employment contract of its CEO,  Rob Lowe, for at least a further 12 months. His contract provides for a large salary and a very good success bonus.

Who is Rob Lowe? Where have we come across his name before?

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Keywords:
obscenity
paedophile materials
Robert David Norman Lowe
Mercantile Bank
coal mining
Waterberg
Rob Lowe
Resource Generation Ltd
Resgen
theft by bank employees
Alan Greenstein
Frank Carlisle
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Submitted by : Vic on 2017-11-26 11:28:20
Shows you that despite King 1 to 4 and all other so called ethics policies coming from listed companies, they don't give a shit about the environment and the people they hire. How did Mercantile Bank hire this guy with what must have been a CV full of unexplained periods of unemployment?
 
Submitted by : Mike & Val Turner of RANDBURG on 2017-11-25 12:25:01
Why is this piece of shit allowed to remain in South Africa??
 
Submitted by : Clive Varejes of GALLO MANOR on 2017-11-25 10:40:53
I find it unbelievable that Mercantile Bank and other banks and insurance agencies in South Africa can be so despicable that they would go to the lengths of drawing out court cases, specifically where they and/ their staff have blatantly stolen monies, in order to bankrupt their accusers and make the cases disappear.
Is there no way these atrocious acts can be stopped?
Of course I have no doubt that the attorneys acting on their behalf continually ask them to please settle the court case so that they can stop earning the obscene amounts of money they do.
Shame on our despicable banking and legal systems!

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