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May 30, 2007

BEE boss sued for R21m

The Public Investment Corporation (PIC) is suing the chairman of the National Empowerment Fund, Ronnie Ntuli, and his associates for R21-million...



The fund was set up by the government to facilitate empowerment deals. At the end of last year it was reported to have capital reserves of about R3-billion.

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Posted by bernievn at May 30, 2007 8:13 AM