Mandela grandson faces fraud charges

Charges of fraud will be latrommel gold mining ghanaid against former president Nelson Mandela's grandson Zondwa Mandela and Aurora Empowerment Systems' lawyer Ahmed Amod, Pamodzi Gold lead liquidator Johan Engelbrecht said on Monday.

“The fraud charges result from evidence obtained by the inquiry in terms of section 417 and 418 of the Companies Act into the trade, dealings and affairs of Pamodzi,” Engelbrecht said in a statement. Documents showed misrepresentations had been made to the securities regulation panel of the Johannesburg Stock Exchange when Aurora intended purchasing Labat shares. Engelbrecht said the misrepresentations contributed to the delay in allowing the Pamodzi liquidators to...