Msholozi, where is Khulubuse? Hunt is on in attempt to recover R1.4bn

Msholozi, where is Khulubuse? Hunt is on in attempt to recover R1.4bn

Lawyers are on the hunt for Khulubuse Zuma as they attempt to recover R1.4 billion in outstanding funds. The legal team acting for liquidators of the Pamodzi mining group believe the nephew of former president Jacob Zuma is overseas.

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Where in the world is Khulubuse Zuma? That's a question the lawyers in the liquidation process of the Pamodzi mining group would like answered.

The nephew of former president Jacob Zuma is missing in action as the legal team attempt to recover more than R1.4 billion, reports TimesLIVE.

A provisional liquidation order was granted against Khulubuse in January, but when the return date in March came to pass, there was no sign of him.

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Acting Judge Cheryl Smart adjourned the matter until last week Friday after attempts to 'settle the matter' got underway.

However, when there was still no sign of the missing nephew, Smart requested an affidavit detailing all attempts at service of documents before she could finalise the order.

Now, a legal source has reportedly claimed that it is possible to finalise the matter with a 'substituted service' served via e-mail or even Facebook.

This can only be done if all other attempts have failed (and can be proven to have done), especially if the person in question has been out of the country for more than 20 days.

Mines belonging to the group were placed under liquidation a decade ago, with two being sold to a company in which Khulubuse Zuma serves as one of the directors. There mines were reportedly 'stripped' of assets and gold, without a cent being paid.

The matter has now been postponed to June, with search efforts underway to locate the missing Zuma.

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Source: Briefly.co.za

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