From the news desk

Judgment expected in Gupta-linked Optimum coal case

Share this article

The North Gauteng High Court is expected to deliver judgment in the Gupta-linked Optimum coal case.

The company’s CEO wants the court to overturn the appointment of business rescue practitioners.

The practitioners were appointed to run the Gupta-linked Hendrina coal mine in Mpumalanga.

The mine has been the scene of several worker strikes this year, stemming from cash-flow problems.

It’s supply of coal to Eskom’s nearby power plant dried up in March, forcing the power utility to source coal elsewhere.

[Source: eNCA]
Share this article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

WhatsApp WhatsApp us
Wait a sec, saving restore vars.