The tender-driven empire of politically connected businessman Edwin Sodi is slowly crumbling under the weight of liquidations, a R50m creditor claim and a bid by authorities to blacklist him from lucrative government contracts.
The Sunday Times can reveal that Sodis company, NJR Projects, now known as the G5 Group, was liquidated by a creditor in April last year after he failed to settle a R1.2m debt. And just a fortnight ago the high court in Johannesburg ordered Sodi, in his personal capacity, to pay Hollard Insurance a staggering R50m.
On Thursday the City of Tshwane submitted an application to the National Treasury to have Sodis companies, Blackhead Consulting and the G5 Group, barred from bidding for government contracts.
