NUM calls for removal of Optimum business rescue practitioners
JOHANNESBURG (miningweekly.com) – The National Union of Mineworkers (NUM) has called for the removal of business rescue practitioners (BRPs) at the Optimum coal mine, as it claims that their appointment was unlawful.
The NUM has approached Kruger & Co Attorneys to represent it and its 500 members at the mine to set aside the resolution taken by the directors of Optimum to appoint Johan Klopper and Kurt Knoop as BRPs.
The union claimed that their appointment was contrary to the provisions of the Companies Act of 2008.
“Everything they do now is unlawful and they are aware of this, and that they are not independent and were appointed as BRPs in eight other Gupta-linked companies during the exact same period as Optimum’s business rescue proceedings.
“Our client is seeking the appointment of a truly independent business rescue practitioner,” said Kruger & Co Attorneys’ Ruann Kruger.
He further claimed that Optimum is being denied applications to open a bank account from major financial institutions owing to the alleged ties between Knoop, Klopper and the shareholders of Gupta-linked companies.
Without a bank account, the mine currently cannot remain operational which puts the income of hundreds of mine employees and various contractors at risk.
“Therefore, the mineworkers are urgently seeking to approach the court for the appropriate relief to remove the current BRPs and to appoint alternative BRPs who will act independently and are not linked to Gupta shareholders or companies,” said Kruger.
Comments
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation