
How To Steal A Gold Mine
How To Steal A Gold Mine - The Aurora Story (Paperback)
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- Average
- R 266.00
- Lowest seen
- R 215.00
- Highest seen
- R 330.00
- Last change
- R 63.00
- First indexed
- 14 Feb 2023
- Retailer
- Loot
Description
In October 2009, Aurora Empowerment Systems – a black-owned, politically connected business – made a bid to rescue the liquidated Pamodzi Gold mines.
Former President Jacob Zuma's nephew, Khulubuse Zuma, his lawyer Michael Hulley and former president Nelson Mandela’s grandson Zondwa Mandela, were listed as directors of Aurora. On paper the company looked almost too good to be true – promising to turn the mines into a new business that would offer stellar benefits to workers, while also expanding into Africa. Soon after the acquisition, the first cracks appeared. More than 5 000 workers and suppliers, who depended on their employment to keep themselves and their families alive, went unpaid. Over the next few years, Aurora-managed mines were stripped of assets, as illicit payments went to the families of the “connected”, while workers starved.
Despite a litany of evidence of Aurora’s dishonesty, to this day little has been done to bring the perpetrators to book.
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