The High Court in Pretoria has granted a gag order against United Democratic Movement (UDM) leader Bantu Holomisa over his Public Investment Corporation (PIC) corruption claims against BEE investment firm Labashe Investment Group.
Lebashe Investment Group, Harith General Partners and Fund Managers are among the applicants who took Holomisa to court after the UDM leader wrote an open letter to President Cyril Ramaphosa implicating them in the alleged looting of the PIC.
In his letter, Holomisa claimed that the companies have links with the investment body.
Speaking to Clement Manyathela on The Midday Report, Lebashe Chief Investment Officer Warren Wheatley says the order was granted in their favour.
And it's really quite simple, He has got to remove the offending letter from the website. He is prevented from continuing to defame us in the absence of truth and evidence.— Warren Wheatley, Lebashe Chief Investment Officer
He has got to remove all the offending material from the UDM account, twitter and all the mediums under their control.— Warren Wheatley, Lebashe Chief Investment Officer
Listen below to the full interview: