Illovo's Fraud Case To Resume In Court Next Week • Nyasa Express

Illovo's Fraud Case To Resume In Court Next Week • Nyasa Express: "Illovo’s Fraud Case To Resume In Court Next Week
December 9, 2017 Nyasa Express 0 Comments Courts, Illovo, PHL
The high profile civil case in which Illovo Sugar Malawi (ISM) has been sued by its minority shareholder Prudential Holdings Ltd (PHL) over disputed payments abroad, returns to the Commercial Court in Blantyre on Monday and Tuesday, December 11-12.

The trial was postponed six months. Justice John Katsala is hearing the civil suit.

When it was being postponed, Senior Counsel Shabir Latif, representing Illovo, had been grilling Gordon Tembo, a partner of KPMG, whose firm had produced an assessment of the disputed payments on behalf of PHL."



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