The ITB wants Jerome Ngwenya to hand over the financial records of its investment company, but he has refused
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The application is part of a brutal legal fight over control of the Zulu kingdom
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The Inkatha Freedom Party founder had been in hospital since the beginning of August
The board is also considering closing Ingonyama Holdings
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The Ingonyama Trust Board is set to meet again this week despite Buthelezi’s demand that Jerome Ngwenya be reinstated as the chairperson
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The appointments are to go ahead despite a revolt by Mangosuthu Buthelezi and axed board chairperson Jerome Ngwenya
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King Misuzulu ka Zwelithini’s nominee has hit the ground running, while the axed Ngwenya seeks to be reinstated
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Jerome Ngwenya is now challenging the decision to appoint an interim board in court
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The nomination of Inkosi Thanduyise Mzimela by the Zulu king clears the way for a permanent board to be appointed
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Union questions dubious R41 million investment at a time when workers are being retrenched and others have not been paid
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The Zulu king wants transparency with regards to the board’s dealings
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A European ‘investor’ was meant to have made an initial transfer of R12 billion into the board’s South African Reserve Bank account
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The monarch wants transparency and public participation in the land body’s operations and finances
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The board ‘noted’ concerns and one member’s resignation over the payments, but went ahead anyhow
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The trust’s officials couldn’t say how the money was invested because the information was not forthcoming from the ITB’s investment wing
Foreign investment has been lined up for a joint venture with the Ingonyama Trust Board, which administers tribal land for the Zulu monarch
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Ingonyama Trust Board chairperson Jerome Ngwenya has challenged the audit process in the face of a series of unfavourable ratings