Majali case postponed

2010-10-26 09:37

The fraud case involving businessman Sandile Majali was postponed for further investigation in the Johannesburg Commercial Crimes Court today.

The case was postponed to January 18 for Majali and accused number five, Linda Welencia Dlamini, who are out on bail.

“This matter has been postponed for further investigation,” Magistrate Ashika Ramlaal said.

The three other accused, who are Haralambos Sferopoulous, Stephan Khoza and Elvis Bongani Ndala, will appear in court again on Friday.

The court heard the state was considering asking for these three accused to be referred for mental observation.

“You remain in custody,” said Ramlaal.

During his appearance in the same court on Friday, Majali was told he would remain behind bars until today, when his bail application would get under way. He was however released on bail on Saturday after an urgent application was lodged in the South Gauteng High Court in Johannesburg.

He stands accused of fraud for allegedly hijacking a mining company.

The appearance of the five is related to allegations the directorship of mining company Kalahari Resources had been changed from Brian Amos Mashile and his sister Daphne Mashile-Nkosi to a group of individuals, including Majali. The group allegedly removed Kalahari Resources’ directors from the Companies and Intellectual Property Registration Office (Cipro) database in August.

An urgent interdict was brought before the high court in Johannesburg last month. The court ruled that Cipro reinstate the siblings as directors of the company.

Kalahari Resources owns a 40% stake in Kalagadi Manganese, the mining company developing an R11 billion manganese mine and sinter plant in the Northern Cape, as well as a smelter at Coega.

The Industrial Development Corporation owns 10% of Kalagadi Manganese, while steel producer ArcelorMittal owns the remaining 50% stake.

Majali came into the public eye following his role in the so-called Oilgate saga that saw him “donate” R11 million of PetroSA’s funds to the ANC ahead of the 2004 elections.?

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.