Tongaat head office stripped of expensive paintings and antiques ahead of a possible visit by liquidators. Photo supplied
- Vision Investments has denied triggering Tongaat Hulett’s liquidation by scuppering its own business rescue plan.
- Instead, it is blaming the government for failing to implement industry reforms and not providing a concrete funding framework.
- Vision director Rutenhuro Moyo challenged trade and industry Minister Parks Tau to “come to the party”.
- The liquidation hearing is set for 16 and 17 April, coinciding with the scheduled opening of the milling season.
Vision Investments, Tongaat Hulett Limited’s controlling creditor, has denied that it triggered the sugar giant’s liquidation by scuppering its…