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Gloves Come Off Between PetroSA and Ex-Partner, Nako Energy
Summary by The Namibian
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2 Articles
Gloves come off between PetroSA and ex-partner, Nako Energy
Nako Energy was once a trusted insider at the state-owned petroleum company. Now, PetroSA accuses its former partner of trying to bully it into paying R606m while neglecting to tell the court that Nako owes PetroSA R833m in return. The state-owned petroleum company, PetroSA, is fighting for its survival in the Western Cape high court […]
·Windhoek, Namibia
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Analysis: Gloves come off between PetroSA and ex-partner
The state-owned petroleum company, PetroSA, is fighting for its survival in the Western Cape high court, after a former business partner tried to liquidate it. Nako Energy claims it is owed R606-million for unleaded petrol it delivered in Mossel Bay...
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