Another Berrangé liquidation scandal


Another Berrangé liquidation scandal

‘Dishonest dealings’ over sale of multi-million-rand property development.

Pietermaritzburg liquidator Pierre Berrangé is on the carpet, again. This time he is accused of having bungled, by professional neglect or worse, the sale of a multi-million-rand property development to a company in which the former CEO of BOE Bank, Bill McAdam, and cofounder of FirstRand Bank, GT Ferreira, were ito be investors.

Following the intervention of the Chief Master of the High Court in Pretoria, Berrangé is now the subject of an inquiry in terms of Section 381 of the Companies Act with his accusers not only wanting him fired as liquidator of Halflyn (Pty) Ltd (in Liquidation), but also disbarred as a liquidator and lawyer, forever. 

Like to see more ?


Subscribe to our on-line edition !

For a mere R305.00 per year you get the convenience of our online version including:
  • Twelve monthly issues of Noseweek delivered to your browser
  • A searchable archive
  • Access to every back issue since 1993 !
  • A downloadable PDF version

If it’s just the article you are after, you can purchase it by clicking here.

Tempted ?


For a taste of what awaits you, you are welcome to browse this free issue.

Share this article:

Reader's comments

Like to add your own comment ? Please click here to subscribe - OR -
 
Submitted by : swallows nest on 2020-01-18 12:12:58
Berrange is not to be trusted.
I had a terrible personal experience with him some 25 years ago.
He was operating unethically then.

A leopard does not change its spots!

Disclaimer

While every reasonable effort is taken to ensure the accuracy and soundness of the contents of this publication, neither the authors nor the publishers of this website bear any responsibility for the consequences of any actions based on the information contained therein.