Businessman wants Phosa  to halt liquidation of company

A Joburg businessman has petitioned the Johannesburg High Court to reverse the liquidation of his company by former ANC treasurer-general Mathews Phosa and his co-liquidator Yunus Aboo Baker Ismail.

Phosa and Ismail were appointed as the final liquidators of Clive Desmond de Vos’s company, Street Spirit Trading.

De Vos cited Phosa and lsmail as the third respondent and second respondent respectively, while Joburg Master of the High Court, the Companies and Intellectual Properties Commission, and Absa were cited as the fourth defendant, fifth defendant and sixth defendant.

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