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CBD saga: When millionaires fight

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CBD saga: When millionaires fight
An attempt by a group of local business tycoons to quash a P15.8 million claim against their investment company – Smart Partnership Enterprises - suffered a setback recently when High Court judge Terrence Rannowane dismissed their plea for dissolution of the lawsuit. Dismissing the application, Justice Rannowane ruled that SMART have a case to answer to oppose the claim and prove that indeed they do not owe Mosienyane. Now, SMART will from December 07 start calling witnesses to argue their case, among them Sam Mpuchane, Kabelo Ebineng, Martin Mannathoko, Dennis Alexander, Seleka Mokama, Anjana Suresh and an architect Charles Cook to provide expert opinion to counter Mosienyane. The witnesses are businessmen with indirect shareholding forming part of the SMART partnership conglomerate which is made up of 10 companies. Shareholding at SMART partnership is spread among 10 companies owned by elite businessmen and executives. They are Ba Ba 20 Investments, Ibis Holdings, Inter Public, 21st Century, Vision Investors, Leno Holdings, Rubio Engineering, Northern Investments, Homebase Holdings and Hemamo Investments. Advocates representing SMART sought the dissolution two weeks ago after concluding cross examination of Moleta Mosienyane, whose company Mosienyane & Partners International is suing for payment of architectural services provided in the…

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