Johannesburg — THE 1385-page charge sheet handed to Tigon CEO Gary Porritt and his co-director Sue Bennett this week allege that the 3059 investors in a fund they effectively ran were duped into funding an illegal network siphoning money out of SA.
The funds these investors entrusted to the PSC Guaranteed Growth fund were used partly to finance a scheme Porritt ran to enable people to take money out of SA in breach of exchange controls.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article