Mango Business Rescue Practitioner, Sipho Sono, says according to the law, he is free to go ahead and complete the sale of South African low-cost carrier Mango to a still unknown bidder, for an unknown price.
Sono has issued a report in which he claims that the Minister of Public Enterprises, Pravin Gordhan, has failed to make a decision on the sale of the airline after a number of legal processes lodged by the Department of Public Enterprises ended when the Minister didn’t deliver the latest petition timeously to the Supreme Court of Appeal (the petition was for leave to appeal against an earlier judgment by the SCA).
Therefore, the BRP says, in terms of the law, he is now entitled to go ahead and complete the sale of the business to an unknown bidder.
The statement by Sono lists the expired deadlines in the legal process and says the Minister failed to deliver his petition to the SCA within the prescribed time period.
“The BRP sought legal advice and was informed that where a…
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