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