Business Standard

Indian-origin businessman's company assets seized in S. Africa

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IANS Cape Town

The assets of a mining company, whose non-executive board members include Indian-origin businessman Rajesh Gupta and South African President Jacob Zuma's son Duduzane Zuma, have been attached following a court order, media reported.

JIC Mining Services' assets were attached on Wednesday after the Commission for Conciliation, Mediation and Arbitration (CCMA) found that the company's mining captain, Clinton Cilliers, had been unlawfully dismissed, allafrica.com reported on Thursday citing a law firm representing Cilliers.

Cilliers was dismissed in August 2014 for "gross misrepresentation, dishonesty and gross dereliction of duties", according to fin24.com. He then lodged a complaint with the Rustenburg-based CCMA.

The commission dismissed the charges against Cilliers and ordered JIC Mining Services to pay Cilliers "costs in respect of this postponement".

 

But JIC lodged an application for a review of the ruling in the labour court and threatened to launch an urgent application to stay the execution.

Rajesh Gupta, along with brothers Ajay and Atul, relocated to South Africa in the 1990s and soon their parent company, Sahara Group, rose to prominence in that country with business interests in mining, air travel, energy, technology and media.

The company employs some 10,000 people, according to a BBC report.

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First Published: Aug 21 2015 | 5:56 PM IST

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