South African billionaire Patrice Motsepe still faces $195 million Tanzania claim, Pula says
Pula Group says a Tanzanian court did not throw out its $195 million claim against Patrice Motsepe's companies, disputing African Rainbow Minerals' account.
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Pula Group says a Tanzanian court did not throw out its $195 million claim against Patrice Motsepe's companies, disputing African Rainbow Minerals' account.
Tanzania's High Court has struck out Pula Group's $195 million damages claim against Patrice Motsepe and his companies, two months after a first strike-out.
The High Court of Tanzania removed the claim from its roll over unjoined parties, leaving the underlying allegations against Patrice Motsepe's companies undecided.
Patrice Motsepe's African Rainbow Capital says a Johannesburg court cleared it of contract claims in a $195 million Tanzanian graphite dispute.
Tanzania's High Court heard witness testimony from Pula Group this week in its $195 million graphite mining lawsuit against companies linked to South African billionaire Patrice Motsepe.
South African billionaire Patrice Motsepe and linked companies turn to South African courts as Tanzanian case over $195 million NDA breach nears trial.
South African court weighs $195 million claim by Tanzanian firm Pula against Patrice Motsepe’s African Rainbow Capital.
Motsepe owns a 39.7-percent stake in ARM.