Bourse finds that R870m transferred between Ayo and asset manager 3 Laws Capital between 2017 and 2019 were irregular
The JSE has censured and fined a former executive of Ayo and one from AEEI R250,000 each for failing to comply with the bourse’s listing requirements.
The fines for former Ayo CFO Naahied Gamieldien and Abdul Malick Salie, a former director of African Equity Empowerment Investments , relates to dealings in 2017...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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