The head of Nafcoc granted the guarantee R10k

The head of Nafcoc granted the guarantee R10k

14 million rupees belonging to investment arm ‘missing’

President of the Federal National Chamber of Commerce and Industry (Nafcoc) Gilbert Mussina appeared in court yesterday on charges of fraud related to R14m that were not properly explained.

Musina and Mary Bagot, director of the Zakhumzy Construction Company, are facing charges of theft and money laundering. They were arrested on Wednesday morning and later in the day appeared in court where they were each granted bail of R10,000…



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