Pula’s $195m Motsepe claim thrown out of Tanzanian court on a technicality – for now
But the court left the door open for Pula Group to bring a fresh claim to recover $195m from Patrice Motsepe companies it says it is owed for misuse of confidential information.
A Tanzanian court has struck Pula Group’s $195 million damages claim against companies associated with Patrice Motsepe from the court roll – but stopped short of deciding whether confidential information was misused to support a competing graphite project, as Pula alleges.
The High Court of Tanzania found that Pula failed to join to the proceedings two companies central to its case: Australian-listed Evolution Energy Minerals and its Tanzanian subsidiary Ngwena Tanzania, which operates the Chilalo graphite project in the Ruangwa district, not far from Pula’s own graphite project.
