The Board and Management of Kgori Capital are truly saddened by an unfounded legal matter now making its way into the public domain. A number of inaccuracies are being shared that are bordering on malice. While we continue to respond with the relevant legal recourse, we wish to share key clarifications here, refusing to accept any further efforts to tarnish our business reputation.
A current matter now before the courts - in which Kgori Capital was sub-contracted to provide fund management services and earned fund management fees is being questioned - is being addressed. While we do not believe it necessary to go into tremendous detail, it must be explicitly stated that no criminal charges have been brought against Kgori Capital or its current Directors. Any suggestion to the contrary would be malintent. The matter is one based on speculation and misinterpretation of a consultancy agreement, with a clear lack of consideration for all the facts and documented evidence.