THE former head of National Treasury has been tasked with cleaning up a scandal-dogged company that’s contemplating partnering a Chinese battery maker in a $1 billion lithium operation.
Dondo Mogajane aims to restructure and improve compliance at Johannesburg’s Moti Group.
Founder Zunaid Moti told Bloomberg his reputation is hindering the fortunes of a company that has a venture with Anglo American Platinum, chrome and lithium assets and property development businesses.
He has stepped back from management.
Moti, 48, spent five months in a German jail in 2018 and 2019 after being arrested on an Interpol diffusion notice issued by Russia in connection with the alleged theft of a pink diamond. In 2012, he was charged with conspiracy to commit murder before the case was thrown out of court.
Moti, who was represented by Cherie Blair in the Interpol case, said he was arrested improperly on bogus charges engineered by a
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