Transnet’s appeal on pensioners dismissed

2014-12-23 11:59

Transnet’s application for leave to appeal a ruling allowing their pensioners to bring a class-action suit was dismissed in the Supreme Court of Appeal.

On July 31, North Gauteng High Court Judge Ephraim Makgoba granted an order allowing pensioners Johan Pretorius and Johan Kruger to launch a class-action suit on behalf of 62 000 impoverished pensioners in an attempt to recover close to R80 billion in Transnet assets and interest.

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