Don’t blame me for Aurora collapse – Khulubuse Zuma

2014-08-26 08:22

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

President Jacob Zuma’s nephew Khulubuse Zuma has denied blame for the collapse of Aurora’s Pamodzi mines.

“My role as the director of Aurora was that of a nonexecutive chairperson. I was therefore not responsible for the day-to-day management and running affairs of Aurora,” he said in an affidavit filed before the North Gauteng High Court, The Star reported today.

A bid by the joint liquidators of Aurora to hold the directors and managers of the insolvent company personally liable for the collapse of the Pamodzi mines will start in court today.

This matter was delayed following the late filing of papers by Nelson Mandela’s grandson Zondwa Mandela and Zuma.

The claim against Aurora managers and directors sought by liquidators amounts to about R1.6 billion.

Aurora Empowerment Systems is the parent company appointed by Pamodzi liquidators to manage the Springs and Orkney mines.

However, the directors of Aurora allegedly destroyed both mines through looting and mismanagement.

Zuma said liquidators should be gunning for Mandela, Sheshile Thulani Ngubane as well as father and son team Sulliman and Fazel Bhana.

“I reasonably relied on information relayed to me by them.”

Zuma reportedly denied claims he and other directors stripped the mine of its assets and pocketed proceeds from the sale of gold.

“The loss of Pamodzi assets was simply due to criminal activities and illegal mining by individuals commonly known as zama zamas,” he said.

Join the conversation! 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. 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
Comments have been closed for this article.

Inside News24

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


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 network.


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.