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Startling claims that Western Province Rugby Union (WPRU) is faking liquidation of its PTY arm have come to light in recent weeks.
The union was granted provisional liquidation by the courts last week, but a company on its creditors has since claimed that there are ulterior motives to this move.
Aerios CEO, Costas Constantinou claimed in an interview with The Daily Maverick that financial records are being manipulated to show a dire financial situation in order to get out of a contract with his company.
Constantinou claims that since the two parties started doing business together in 2011, WPR has been guilty of reneging on contracts and a case of double-timing rights deals from South Afri…
Read the full article at: http://www.thesouthafrican.com/is-western-province-faking-liquidation-to-get-out-of-a-contract/