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

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...

Read latest Sunday Tribune online.

Online newspapers at PressDisplay. Newspapers from South Africa
Newspapers in English