Investigations
Remgro responds to allegations of contrived liquidation.
Thelo Wakefield (left) and Paul Zacks (right). Picture: Moneyweb
Western Province Rugby was rocked by news over the weekend that its erstwhile minority shareholder, Remgro, had declined to take up a shareholding in the unions new commercial arm following the successful liquidation of Western Province Rugby (Pty) Ltd.
Aerios, a sports marketing company led by Costas Constantinou, says this is all part of Remgro trying to put as much distance as possible between itself and the shady dealings of Western Province Rugby led by Thelo Wakefield and Paul Zacks who forced the commercial arm into a contrived liquidation.
Constantinou also c…
Read the full article at: https://www.moneyweb.co.za/in-depth/investigations/western-province-rugby-was-a-contrived-liquidation/