Liquidator speaks on BCL Group assets

Liquidator: Dixon- Warren
Liquidator: Dixon- Warren

SELEBI-PHIKWE: Government is expected to submit a claim as one of the creditors against BCL Mine to recover monies used to pay back a Barclays Bank loan, provisional liquidator Nijel Dixon-Warren said recently.

Government, which is a shareholder, would also lay claim to the money that was used to pay former employees terminal benefits as well as royalties, once the liquidation process is finalised.

The provisional liquidator administered the payment of terminal benefits on behalf of government and the debt now sits with government.

Editor's Comment
A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

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