MBABANE:Inyatsi Group Holdings has taken businessman Mavela Sigwane and the Federation of Eswatini Business Community(FESBC)to court for alleged defamation,as the tension between the two giant business entities over the ongoing buying of key economic transformation companies escalates.
In the court papers,Inyatsi Group accuses Sigwane and FESBC of causing to be published statements which are scandalous and defamatory to Maloma Colliery and Inyatsi Group Holdings.
“The Respondents have caused to be published and/or issued and/or made statements which are scandalous and/or defamatory and/or malicious to the Applicant in a newspaper called Eswatini Financial Times”, reads the court papers,where lawyer Jasmine Dlamini from the reputable Robison Bertram lawfirm was confirming the affidavit signed by Derrick Shiba,one of Inyatsi’s Executive officers.
The court papers were served to businessman Mavela Sigwane on Saturday afternoon.
On another note,the tension between the two business entities escalated after FESBC reported Inyatsi Group Holdings to the Eswatini Competition Commission(ECC) amid the ongoing purchasing of key economic transformation companies by Inyatsi.
Mavela Sigwane.