Friday, 21 June 2013
Nelson Mandela’s Daughters Fight Over His Money
Daughters of former South African President, Nelson Mandela have taken up court actions to oust three of Mandela’s aides from companies linked to him.Reports from BBC News say Makaziwe and Zenani Mandela filed court papers on Tuesday April 9, 2013, alleging that George Bizos, Housing Minister, Tokyo Sexwale and Mandela’s ex-lawyer, Bally Chuene were never appointed as shareholders or directors of Harmonieux Investment Holdings and Magnifique Investment Holdings.The daughters alleged the three have no right to be on the boards of two companies worth about $1.7m (£1.1m), ‘All three – Bizos, Chuene and Sexwale – were invited to resign as directors, which invitation they declined,’ Makaziwe said in an affidavit, the website reports.Reports also say there has been a bitter feud since 2005 for control of money generated in Mandela’s name, especially the sale of drawings he made while in prison for opposing white minority rule. The two companies were set up to channel money from the sale of Mandela’s iconic handprint for his and his children’s benefit - See more at: http://www.omg.com.ng/2013/04/nelson-mandelas-daughters-fight-over-his-money/#sthash.8hzWhSze.dpuf
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