Wheels come off for Durban firm

Transport company has only itself to blame for its predicament over debt, says judge

MERVYN NAIDOO mervyn.naidoo@inl.co.za
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A DURBAN logistics and plant-hire company that reneged on a deal to pay off its debt to a bank could soon have its assets seized. The Pietermaritzburg High Court ruled last week that Absa bank was entitled to attach a vast array of assets belonging to...

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