PPRuNe Forums - View Single Post - Rossair
Thread: Rossair
View Single Post
Old 1st Nov 2003, 22:46
  #7 (permalink)  
GGG
 
Join Date: Jan 2003
Location: South Africa,Jhb
Posts: 26
Likes: 0
Received 0 Likes on 0 Posts
Unhappy Very sad!

Well my whole family are in the banking industry, all with different institutes. And was informed that they owe Nedbank R60m, FNB +-R130m and ABSA a few hundred million rand, and there were a few other banks being owed and there are other companies linked with them that could also be shut down and that they are all vying for liquidation at this point. But I do honestly hope that they can continue to operate or at least be bought out and allowed to carry on.
GGG is offline