Pula Steel denies attachment of property :: Mmegi Online

SELEBI-PHIKWE: Pula Steel, the only steel manufacturing plant in Botswana has denied that deputy sheriffs recently attached its vehicles for failure to pay their suppliers. A highly-placed source has indicated that Jumbo Cash ‘n Carry deputy sheriffs attached Pula Steel vehicles over a P1 million debt. It is understood that another creditor has also engaged deputy sheriffs over unpaid debt by the steel manufacturing company.

However, the company’s corporate services director, Brian Mosenene said that none of their company property has been attached, but disclosed that the vehicles were kept somewhere for security reasons because they had an issue with a security company that guarded the company premises.

“It is true that we owe some of our suppliers and six of them have taken us to court over our debts and we appeared before court to defend ourselves because we were served with papers. We presented before court our intentions to clear off the debts and we have since been ordered by the court to work out the terms of payments because we are not denying that we owe them,” Mosenene said.

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