Read the full judgment text of CACC 000343/1986 on BabelCite. This Court of Appeal judgment.
1. The application was Chairman and Principal shareholder of a company called Gloves Industrial Alliance ("GIA") which he had founded in 1974. Some other shareholders had joined in 1978 and various smaller subsidiary companies were formed involved in the glove and textile business. Business, however, became bad in the early 1980s and the group unfortunately began to speculate in the property market, as did so many other sound industrial concerns, and this gave rise to a series of bribes being of