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
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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