Delta Dairies to be liquidated
Wednesday, October 22, 2014

Going under: The milk company will be sold off to pay off creditors
Sigwele had tried in vain to stop the court from shutting down the company after it was put under provisional liquidation in August.
In granting orders that the milk company winds up, justice Rannowane said its finances were in a perilous state, and quoted various independent audit reports and numerous lawsuits filed by creditors against Sigwele’s company.
This ruling is more than a technical legal decision it is a mirror reflecting the rot in the country’s procurement processes and governance.For far too long, government officials have twisted regulations to serve their interests, betraying the very citizens they are sworn to serve.The Judiciary’s rejection of this appeal is a timely reminder that corruption—no matter how deeply entrenched cannot indefinitely escape accountability. Yet,...