Where will the unbundling of Regiments Capital’s murky dealings ...

News

Where will the unbundling of Regiments Capital’s murky dealings lead to?

Judge orders that implicated company can sell its Capitec shares so creditors can be paid

Senior reporter

Regiments Capital, which has been mired in state capture allegations, has staved off  liquidation for now, with its owners given the go ahead by the Johannesburg high court to sell off millions of rands of shares in Capitec bank.

On Wednesday judge Bashier Vally ordered that the company’s liquidators return to court in January to argue “why the winding up of Regiments Capital should not be set aside”.

The liquidators, Willem Venter and Kagiso Dinaka, have been ordered to appear in court on January 26 2021...

This article is free to read if you register or sign in.

Sunday Times Daily

If you have already registered or subscribed, please sign in to continue.

Questions or problems?
Email helpdesk@timeslive.co.za or call 0860 52 52 00.