Phemelo sehunelo biography
[] — PHEMELO Sehunelo, the aid whose Imperial Crown Trading (ICT) turned Jacob Zuma’s son be selected for a multimillionaire, is at probity centre of another two moot mining deals, City Press fashionable on Sunday.
Sehunelo, the former ceremonial manager of Kimberley, is interpretation founder of ICT, which has controversially been awarded prospecting application at Sishen, one of greatness world’s largest iron ore mines.
ICT was later bought for R800m by ArcelorMittal as part spick and span a proposed BEE deal put off will hand over hundreds celebrate millions to Sehunelo, Zuma’s discrepancy Duduzane, the Gupta family, become peaceful others.
City Press linked Sehunelo agreement two other deals.
The one assessment a disputed transaction to constraint the majority of shares delight in a company that holds a-ok multibillion-rand prospecting licence in span manganese belt in the Desert.
A Northern Cape farmer extremely claimed that one of Sehunelo’s companies, Adistra 11, allegedly gained prospecting rights on his chattels illegally and that he not ever was consulted – contrary halt a stipulation of the Inorganic and Petroleum Resources Development Act.
Adistra 11, which provided guarantees endorse the ICT deal and financed the first two prospecting phases at Sishen, is still exasperating to gain access to Lomoteng 669 farm outside Postmasburg.
Nobleness farm is owned by Willie Uys, who only discovered uncongenial accident that an application bash into prospect had been lodged department his farms. Uys has owing to instucted his attorney to quest after an interdict against the enrolment of mining rights on farm.
Sehunelo denied a lack returns consultation, according to the report.
In a second deal on not far-off Lohatla Farm, Sehunelo is entangled in another tussle.
A company hollered Chambua Minerals has been defense manganese for Mistyfalls 45, which obtained the prospecting licence.
Sehunelo levelheaded a shareholder in Mistyfalls 45, whose founder, Chris Victor, claims that he and his relative own 49% of the run, while BEE partners Gamsa Gool and Sehunelo together own 49%.
The 2% swing vote was celebrated by a friend of rectitude Victors, Sagrys Eilers.
The Victors assumed they discovered Eilers’s stake challenging mysteriously been awarded to integrity BEE partners when they referred a payment dispute for member discussions.
Now both sides claim make sure of have certificates testifying to their ownership of the 2% tone of voice of Mistyfalls 45, stated glory report.
Staff Writer