Local News

Company ordered to pay back US$552 000

NewsDay Staff ·

Company ordered to pay back US$552 000

THE High Court has ordered Curechem Overseas to refund US$552 281 it received from Fidelity Gold Refinery in a deal to supply small-scale miners with gold chemicals.

Curechem received US$1 551 045 and only supplied chemicals valued at US$954 243,79, resulting in Fidelity approaching the courts.

In the application before Justice Gladys Mhuri, Fidelity cited Curechem as respondent.

This story is for NewsDay subscribers.

Discover more from Newsday

Subscribe now to keep reading and get access to the full archive.

Continue reading