South Africa Court Orders Fund of Basileus CEO Killer Wound Up

1 Aug

Author: MATTHEW HILL

Publications:  Bloomberg

Date Published: 01 August 2012

South Africa’s High Court approved an application for an investment fund run by Herman Pretorius, who shot the chief executive officer of Basileus Capital Ltd. dead before killing himself, to be wound up.

An investor in the fund and lawyer, Morne Strydom,  applied for the sequestration after the July 26 shooting, Strydom said by phone from Cape Town. Judge Barton Fourie granted the order today, he said.

Pretorius, 40, shot Julian Williams, 37, in the neck and …….

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