“He holds no shares in the company whatsoever and has not for more than three years. Griffin is merely an employee who was hired ...”
|||Cape Town - On Friday, August 30, the Cape Argus published an article, “Ex-partner sues Zingara’s owner”.
It erroneously gave the impression that the now-liquidated Madame Zingara cc’s previous co-owner, Richard Griffin, was the owner of the resurrected company, Madame Zingara Holdings.
In court papers Griffin was referred to as a managing director who operated a host of companies within the Madame Zingara group.
Rachel Irvine, spokeswoman for Madame Zingara Holdings, confirmed, however, that Griffin did not own the company.
“He holds no shares in the company whatsoever and has not for more than three years. Griffin is merely an employee who was hired because he is, quite frankly, creatively brilliant.”
Griffin’s ex-business partner, Anton van Druten, took Griffin to court over more than R800 000 that was owed to him after selling his shares in Madame Zingara cc to Griffin.
Last week, Western Cape High Court Judge Anton Veldhuizen granted a provisional sequestration order against Griffin, who has until October 15 to show why the order should not be made final.
Griffin was also photographed next to an Audi TT which was said to be his.
“The car does not belong to Griffin. It is in fact one of 11 vehicles owned by the present Madame Zingara company, and the company’s management use whichever vehicle is available when they need one,” Irvine said.
The newspaper regrets any negative publicity the article may have caused Madame Zingara Holdings.
Cape Argus