The Board and Management of Kgori Capital notes and welcomes the ruling by the Court of Appeal (COA) this morning, the 26th of July 2019, in favour of Kgori Capital. This is with respect to frozen Kgori Capital funds at the request of the Directorate of Public Prosecutions (DPP) in 2018, disputing management fees owed to Kgori Capital. The ruling highlighted that a contractual dispute need not have been escalated to alleged criminal charges, resulting in Kgori Capital being wholly exonerated of any assertions or allegations of “Money laundering”, “Cheating of public revenue”, and or “Obtaining money by false pretences.” The COA ruling this morning overturns a previous order of the High Court on the same matter. Furthermore, the ruling effectively clears Kgori Capital of any civil or criminal wrongdoing in the management of NPF funds. “We welcome the ruling of the COA and are of course pleased with this outcome and to have this matter reach its conclusion. We are equally grateful for our Judiciary system in that it avails everyone an opportunity to exercise their right to pursue any case or its outcomes in higher courts. We further recognize the significant role that our courts play in ensuring…