News24 Business | Struggle veteran Khusta Jack embroiled in fronting row with I&J owner AVI

News24 Business | Struggle veteran Khusta Jack embroiled in fronting row with I&J owner AVI

News24

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After paying R468 million in finance costs over 19 years for a R160 million loan to buy a fifth of AVI's fishing division, which helped secure I&J commercial fishing rights for 15 years, Mkhuseli Jack's Main Street 198 was paid "a negligible" R23 419 for its stake on exercise a call option by AVI, which had been the seller and the funder.

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