The company has been ordered to remove its equipment from the commission’s premises
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DEVELOPING: Fallout from Bosasa bribery, corruption scandal following state capture revelationsFNB and Absa have informed facilities management group Bosasa that their accounts would be closed, following the arrests of company execs and correctional services officials in the wake of state capture revelations at the Zondo commission.
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The multibillion-rand Bosasa state contracts likely to be affected by the company's impending liquidationAfrican Global Operations has announced it is voluntarily liquidating the group after its main bank, FNB, communicated it would be closing its banking facilities.
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State capture commission terminates contract of Bosasa-linked security companyA company falling under the umbrella of controversial state contractor Bosasa has had its contract with the state capture commission terminated and been ordered to remove its equipment from the premises of the commission.
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Bosasa goes under as banks ditch company linked to Stat...It’s the end of the road for African Global Operations: the company formerly known as Bosasa, and made notorious by the testimony of ex-executive Angelo Agrizzi at the Zondo Commission. A statement released on Monday and signed by chairperson Joe Gumede said that the company was entering volu...
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BREAKING: FNB, Absa close Bosasa bank accountsLike with the Guptas, the banks have turned against company implicated in state capture.
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EXCLUSIVE: SA banks ditch BosasaThe company says about 4 500 employees will lose their jobs, along with over 3 000 contractors.
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Bosasa dropped by banks, forced to apply for liquidationFNB and Absa have reportedly notified the controversial company that their accounts will be closed.
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BREAKING: Bosasa confirms its liquidation after banks pull outAfrican Global Operations, known as Bosasa, has confirmed in a statement that the company has been put into voluntary liquidation.
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African Global announces voluntary liquidation after bank closes accountAfrican Global, the company formerly known as Bosasa, has announced the voluntary liquidation of the African Global Operations Group of Companies.
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Bosasa files for voluntary liquidation after banks close accounts | IOL NewsAfrican Global Operations, formerly Bosasa Operations, announced that its group of companies were filing for voluntary liquidation following the closure of bank accounts and this would lead to 4 500 job losses.
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