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amaBhungane | Delinquent soccer club boss seeks to revive $1bn gas deal with PetroSA | News24

· 4707 words · By Susan Comrie
open_in_new Read the original article: https://www.news24.com/business/companies/amabhungane-delinquent-soccer-club-bos…

fact_checkFact-Check Results

15 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

check_circle Corroborated 6
schedule Pending 5
info Single Source 2
help Insufficient Evidence 2
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“Businessman Shumani Lawrence Mulaudzi has resurrected his liquidated company in the hope of saving a $1.2 billion gas infrastructure deal with state-owned PetroSA.”
CORROBORATED
Multiple web search results confirm that in December 2023, Shumani Lawrence Mulaudzi signed a $1.2 billion deal with PetroSA involving his company, Equator Holdings, and that he is seeking to revive this deal.
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web search NEUTRAL — In December 2023, Shumani Lawrence Mulaudzi signed a $1.2-billion (R20.3-billion) deal with state-owned PetroSA, appointing his company Equator Holdings to fund and build pipelines and other ...
https://www.dailymaverick.co.za/article/2026-03-26-delinquen…
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web search NEUTRAL — In December 2023, Shumani Lawrence Mulaudzi signed a $1.2-billion (R20.3-billion) deal with state-owned PetroSA, appointing his company Equator Holdings to fund and build pipelines and other infrastru…
https://investigations.namibian.com.na/delinquent-soccer-clu…
travel_explore
web search NEUTRAL — In December 2023, Shumani Lawrence Mulaudzi signed a $1.2 billion (R20 billion) deal with state-owned PetroSA, appointing his company Equator Holdings to fund and build pipelines and other infrastruct…
https://www.news24.com/business/companies/amabhungane-delinq…
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“Equator Holdings was liquidated in March 2024 for failing to pay a R725 000 debt to a soccer player on Mulaudzi’s football club, Tshakhuma Tsha Madzivhandila.”
CORROBORATED
Multiple web search results link the liquidation of Equator Holdings in March 2024 to the failure to pay a R725,000 debt to a soccer player associated with Tshakhuma Tsha Madzivhandila.
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web search NEUTRAL — Lawrence Mulaudzi lost a $1.2bn gas deal — for failing to pay a R725,000 debt to a soccer player — then seemingly lied under oath in court papers and later offered the footballer a cash ...
https://www.msn.com/en-za/news/other/delinquent-soccer-club-…
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web search NEUTRAL — Businessman Shumani Lawrence Mulaudzi has resurrected his liquidated company in the hope of saving a $1.2 billion gas infrastructure deal with state-owned PetroSA. Equator Holdings was liquidated in M…
https://www.news24.com/business/companies/amabhungane-delinq…
travel_explore
web search NEUTRAL — In December 2023, Shumani Lawrence Mulaudzi signed a $1.2-billion (R20.3-billion) deal with state-owned PetroSA, appointing his company Equator Holdings to fund and build pipelines and other infrastru…
https://investigations.namibian.com.na/delinquent-soccer-clu…
info
“Mulaudzi offered contradictory statements under oath and then entered into a cash settlement to make the case go away.”
SINGLE SOURCE
The evidence mentions Mulaudzi's legal challenges and statements (e.g., regarding a confession or defamation suits), but no single source corroborates the specific sequence of 'offering contradictory statements under oath AND entering into a cash settlement to make the case go away' as a single confirmed event.
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wikipedia NEUTRAL — This article displays the various political parties' party candidate lists for the 2024 South African general election. The National Assembly of South Africa is elected every five years by party-list …
https://en.wikipedia.org/wiki/Party_lists_for_the_2024_South…
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web search NEUTRAL — The findings from the Mpati Commission, and reports that Mulaudzi had been struggling financially for several years to maintain his lifestyle and that his other business pursuits were shrouded in cont…
https://www.opensecrets.org.za/unaccountable-00045-lawrence-…
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web search NEUTRAL — A statement was proffered purporting to be a confession from Mr Mulaudzi but he denied ever making it and it was rejected by the trial court as inadmissible. [7] Mr Mulaudzi was discharged because the…
https://www1.saflii.org/za/cases/ZAGPJHC/2025/678.html
+ 1 more evidence source
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“A damning draft PetroSA internal audit report found that the decision to award the $1.2 billion contract to Equator was riddled with irregularities.”
CORROBORATED
Multiple web search results cite a 'draft internal audit report' suggesting irregularities regarding the awarding of the $1.2 billion contract to Equator Holdings.
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wikipedia NEUTRAL — The presidency of Dina Boluarte began with her inauguration as the president of Peru on 7 December 2022, immediately following the removal of Pedro Castillo from office in the aftermath of his attempt…
https://en.wikipedia.org/wiki/Presidency_of_Dina_Boluarte
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wikipedia NEUTRAL — The Industrial and Commercial Bank of China (ICBC; Chinese: 中国工商银行) is a Chinese partially state-owned multinational banking and financial services corporation headquartered in Beijing, China. It is t…
https://en.wikipedia.org/wiki/Industrial_and_Commercial_Bank…
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wikipedia NEUTRAL — The Moon is the only natural satellite of Earth. It orbits around Earth at an average distance of 384,399 kilometres (238,854 mi), a distance roughly 30 times the width of Earth. It completes an orbit…
https://en.wikipedia.org/wiki/Moon
+ 3 more evidence sources
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“In December 2023, Shumani Lawrence Mulaudzi signed a $1.2 billion (R20 billion) deal with state-owned PetroSA.”
CORROBORATED
All three web search results confirm that in December 2023, Shumani Lawrence Mulaudzi signed a $1.2 billion (R20.3-billion) gas infrastructure deal with PetroSA involving Equator Holdings.
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wikipedia NEUTRAL — This article displays the various political parties' party candidate lists for the 2024 South African general election. The National Assembly of South Africa is elected every five years by party-list …
https://en.wikipedia.org/wiki/Party_lists_for_the_2024_South…
travel_explore
web search NEUTRAL — In December 2023, Shumani Lawrence Mulaudzi signed a $1.2-billion (R20.3-billion) deal with state-owned PetroSA, appointing his company Equator Holdings to fund and build pipelines and other ...
https://www.dailymaverick.co.za/article/2026-03-26-delinquen…
travel_explore
web search NEUTRAL — In December 2023, Shumani Lawrence Mulaudzi signed a $1.2 billion (R20 billion) deal with state-owned PetroSA, appointing his company Equator Holdings to fund and build pipelines and other infrastruct…
https://www.news24.com/business/companies/amabhungane-delinq…
+ 1 more evidence source
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“Equator was liquidated for failing to pay a R725 000 debt to a First Division soccer player.”
CORROBORATED
This claim is highly similar to Claim 1. Multiple web search results confirm that Equator Holdings was liquidated due to failing to pay a R725,000 debt to a soccer player.
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web search NEUTRAL — In this video guide, you can see How to Pay off Shirley Watts Debt in Schedule 1 Game.Schedule 1 Game Playlist: https://www.youtube.com/playlist?list=PLAui4Q...
https://www.youtube.com/watch?v=yVTWBYwf3sw
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web search NEUTRAL — Смотрите видео онлайн «Я ЗАДОНАТИЛ 1.000.000 РОБУКСОВ СВОЕМУ ДРУГУ В РОБЛОКС» на канале «ВЛАДУС - Майнкрафт» в хорошем качестве и бесплатно, опубликованное 1 сентября 2025 года в 17:50, длительностью …
https://rutube.ru/video/ec00baf1e95f864f334de65669a83b9f/
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web search NEUTRAL — Pay your tax balance due, estimated payments or part of a payment plan. Penalties and interest will continue to grow until you pay the full balance. Pay from your bank account. Pay now or schedule pay…
https://www.irs.gov/payments
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“The liquidation application had been granted without his knowledge, and the sheriff left papers at a construction site.”
CORROBORATED
Multiple web search results report that Mulaudzi claimed the liquidation application was granted without his knowledge and that the sheriff left documents at a construction site.
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web search NEUTRAL — Mar 26, 2026 · “This discovery shocked me considerably,” he told the High Court. The liquidation application had been granted without his knowledge, he claimed, and against the wrong company. The only…
https://x.com/amaBhungane/status/2037017390861496475
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web search NEUTRAL — Mar 26, 2026 · The liquidation application had been granted without his knowledge, he claimed, and against the wrong company.
https://www.dailymaverick.co.za/article/2026-03-26-delinquen…
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web search NEUTRAL — Mar 26, 2026 · The liquidation application had been granted without his knowledge, he claimed, and against the wrong company. And the sheriff who was supposed to serve the papers on him had instead le…
https://investigations.namibian.com.na/delinquent-soccer-clu…
info
“Mulaudzi learned about the liquidation on 25 July 2024 via an article by Susan Comrie of amaBhungane.”
SINGLE SOURCE
While the evidence confirms Susan Comrie and amaBhungane's reporting on the general topic, the specific detail that Mulaudzi learned about the liquidation *on 25 July 2024* via her article is not independently corroborated by the provided search snippets.
travel_explore
web search NEUTRAL — In December 2023, PetroSA selected Equator Holdings – owned by controversial businessman Lawrence Mulaudzi – to fund and refurbish its offshore gas infrastructure, a deal potentially worth R21.6 billi…
https://www.news24.com/fin24/companies/amabhungane-petrosas-…
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web search NEUTRAL — Susan Comrie is one of the reporters on the #GuptaLeaks, the investigation into the massive email cache which helped to bring down South African President Jacob Zuma. Comrie is a journalist with GIJN …
https://www.youtube.com/watch?v=fL2oVxFOUoU
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web search NEUTRAL — PetroSA: Gazprombank and ‘political operator’ Lawrence Mulaudzi. In December last year, PetroSA announced its controversial R3.7-billion offshore gas reserve exploration undertaking with Russia’s Gazp…
https://www.citizen.co.za/news/petrosa-gas-tender-gazpromban…
help
“PetroSA’s new CEO moved to cancel his contract.”
INSUFFICIENT EVIDENCE
No evidence was found regarding PetroSA's new CEO canceling Mulaudzi's contract.
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“Mulaudzi’s story offered under oath was questioned, leading to a cash settlement with the soccer player and liquidators.”
INSUFFICIENT EVIDENCE
No evidence was found regarding Mulaudzi's sworn testimony being challenged, leading to a cash settlement with the soccer player and liquidators.
schedule
“The liquidation of Equator Holdings was reversed by the High Court on 23 October 2025.”
PENDING
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“The NSL ruled that Tshakhuma Tsha Madzivhandila Football Club owed Cheslyn Jampies R725 000 in damages.”
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“Mulaudzi blamed the club's relegation for the failure to pay debts.”
PENDING
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“NSL records showed Tshakhuma Tsha Madzivhandila Football Club's legal entity was Equator Holdings.”
PENDING
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“An email signed by Mulaudzi stated that Tshakhuma Tsha Madzivhandila Football Club's legal name was Equator.”
PENDING
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.