account
search
search

Mandela investments court case delayed

  |   July 29, 2013 at 4:53 PM
JOHANNESBURG, South Africa, July 29 (UPI) -- A court case to oust aides of former South African President Nelson Mandela from two companies he set up has been halted, a law firm announced Monday.

The Johannesburg law firm Norton Rose Fulbright, representing three of Mandela's long-time friends and directors of two investment companies he organized, said the case has been delayed.

Daughters Makaziwe and Zenani Mandela are attempting to gain control of the companies, Harmonieux Investment Holdings and Magnifique Investment Holdings, worth 1.7 South African dollars, the BBC reported Monday.

The three -- human rights lawyer George Bizos, former Housing minister Tokyo Sexwale and lawyer Bally Chuene, were never formally appointed to serve on the companies' boards and have rejected requests to resign, the sisters claim.

Mandela's grandson Mandla has publicly accused the sisters of attempting to engage in a "blatant abuse of the elderly" and "loot" the wealth of the ex-president, now 95 and in ill health, the BBC said.

Related UPI Stories
© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
x
Feedback