Attorneys and liquidator … Ham in the shamwich

Attorneys and liquidator … Ham in the shamwich

Liquidated pig farm lands those involved in the swill after undervaluation had been placed in final liquidation.

This is all covered in court records spread over several years and in multiple courts from Paulpietersburg to Pretoria and Pietermaritzburg.

However, the Achilles heel of this contrived liquidation was that while the Penvaan Group of Companies owned the businesses on the farm, the land was owned by the Penvaan Property Trust (PPT). Ironically the trust was set up by Thomas in better days, in such a way as to protect the land from just the type of seizure he was himself now trying to orchestrate through the liquidation.

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