Man who launched the liquidation of South Africa’s biggest pyramid scheme wants its liquidators removed

A South African court has ordered the removal of liquidators overseeing the liquidation of Mirror Trading International, a now-defunct pyramid scheme, following allegations of mismanagement. The liquidators, appointed after the company's provisional liquidation was granted in 2020, were accused of squandering millions on lawsuits against those who profited from the scheme, particularly in the UK. This latest development comes after the court's previous denial of a request to remove the liquidators, highlighting the ongoing concerns over the handling of the case and the scheme's illicit business model.