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Fraud charges to be laid against Mandela grandson


Fraud charges will be laid against the grandson of former president Nelson Mandela.

Liquidator Johan Engelbrecht says Zondwa Mandela and Aurora Empowerment Systems' lawyer Ahmed Amod, will face fraud charges arising from a probe into the dealings of the mining company.

Engelbrecht says documents show that misrepresentations had been made to the securities regulation panel of the Johannesburg Stock Exchange when Aurora intended purchasing Labat shares.

Engelbrecht says the misrepresentations contributed to the delay in allowing the liquidators of Pamodzi Gold to cancel the deal with Aurora.

Aurora Empowerment Systems, led by Zondwa Mandela and President Jacob Zuma's nephew Khulubuse Zuma, was singled out as the preferred bidder for Pamodzi's mines when the company went into liquidation in 2009.