Mbabane – Montigny Chief Executive Officer (CEO) Andrew Le Roux has dispelled allegations of Ezulwini Private Hospital (EPH)’s hostile take-over bid.
This follows a publicly issued statement by Le Roux which advises that several media reports that have surfaced were false. The EPH, an E400 million Eswatini Med’s flagship asset, is the subject of the alleged take-over that prompted Montigny’s response and there are ongoing court proceedings which involving its mention.
According to the statement, the allegations contained in Eswatini Med controlling officer, Peter “Samora” Simelane’s affidavit are absurd. “There is absolutely no factual basis on which Eswatini Med and CEO Peter Simelane can make these absurd allegations as reported in the media,” Le Roux said.
He said he has no interest in acquiring the hospital and has at no stage expressed such interests.
Simelane’s papers stated that not only has Le Roux offered to buy EPH for half of its value but also mounted a campaign to destabilise Eswatini Med. Simelane said when Le Roux’s offer was rejected by Eswatini Med Board for the reason that EPH was built for a total of about E400 million, it opened up the can of worms against the fund and the plot to destabilise it.
What has not come out clearly in the affidavit is who Le Roux might allegedly be representing, but the annexure attached to the court papers reveal that, within days of the High Court’s scheduled hearing, Simelane Le Roux and Montigny Investments itself, at the very centre of effecting the ‘hostile takeover.’
Montigny and Le Roux have not yet filed their papers in court. The company said, “Montigny reserves the right to pursue legal action against any individual or entity which continues to spread these baseless allegations.”
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