Gambling group loses court battle against Ithuba

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Law Law Headlines News

Zamani, which forms part of a consortium of companies that won the lottery licence, manages Ithuba and pays staff salaries.

HCI has lost a court case in which the gambling house wanted to interdict Zamani and Ithuba from having a management contractGambling and hoteling group Hoskens Consolidated Investments has lost a court battle it had brought against national lottery operator Ithuba.

HCI also sought to interdict Ithuba from paying the salaries of employees of Ithuba, Zamani or any other entity in the Zamani group. "HCI sought relief against Ithuba and Zamani. Their opposition has prevailed, and these respondents are entitled to their costs. Given the complexity of the matter, Ithuba and Zamani were justified in their employment of two counsel, and the costs of two counsel are warranted, where two counsel were utilised.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

HCI is acting like a bully, and all this silly shenanigans because the money they loaned Ithuba was paid early and with interest and penalties!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

HCI to hear on 'overpaying' lotto case'We want Ithuba interdicted from disgorging all the money earned by Ithuba while ignoring the arbitration award that they are obliged to pay us interest on our outstanding loan and an agreed fee in respect of our oversight.'
Source: SundayTimesZA - 🏆 47. / 51 Read more »

HCI to hear on 'overpaying' lotto case'We want Ithuba interdicted from disgorging all the money earned by Ithuba while ignoring the arbitration award that they are obliged to pay us interest on our outstanding loan and an agreed fee in respect of our oversight.'
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Julius Malema’s Gordhan comments hateful but not hate speech, court rulesEquality court judge dismisses, with costs, minister’s case against EFF leader
Source: BDliveSA - 🏆 12. / 63 Read more »