Lerala boss escapes jail time in Australia

Lerala Diamond Mine was recently the subject of an online auction
Lerala Diamond Mine was recently the subject of an online auction

Alex Alexander, the sole director of the company that owned Lerala Diamond Mine and who reportedly ran the Tswapong Mine via a Whatsapp group, this week walked out of a Sydney courthouse a happy man after a jury ruled in his favour on four charges of deceiving investors.

Alexander, who is believed to be of Russian origin, is the principal player in the Lerala Diamond Mine saga, where more than 130 workers were left jobless last June when the mine was abruptly closed.

Alexander, through his companies, is presently wrestling with government over a 53,000 carat parcel of diamonds, liquidators here believe was secreted out of the company just before Lerala closed in order to put the stones out of reach of other creditors.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

Have a Story? Send Us a tip
arrow up