‘Unlawful’ liquidation of Bosasa flagged
The nephew of late Bosasa CEO Gavin Watson has reported the Master’s Office in Johannesburg to the Special Investigating Unit (SIU) over the unlawful approval of Bosasa’s liquidation.
He said this was because the office wanted to sell the assets cheaply.
He complained that the office intended to sell Bosasa’s R243m Lindela repatriation centre for R69m, and that the Bosasa head office, which had a replacement cost of R168m, was sold for R14m.
His uncle died in a car accident in 2019 after his vehicle crashed near OR Tambo International Airport.
Bosasa (African Global Group) was implicated in wrongdoing and allegations of corruption involving government tenders at the State Capture Commission.
The SIU confirmed that it had received a complaint and that the allegations were still being assessed after Jared Watson was interviewed.
In his complaint letters, which the Sunday Independent has seen, Jared accused the Gauteng High Court (Johannesburg) deputy master Reuben Maphaha as the culprit for this.
He said it became apparent that Maphaha had authorised the interim liquidation account of the provincial liquidators for various of Bosasa’s estates on June 8, 2023.
Article disclaimer: While we have made every effort to ensure the accuracy of this article, it is not intended to provide final legal advice as facts and situations will differ from case to case, and therefore specific legal advice should be sought with a lawyer.