Last week, AGO announced it had filed for voluntary liquidation after two of its banks – FNB and Absa – informed the controversial business they were closing their banking facilities.
On Friday, workers were shut out of the firm’s Krugersdorp head office, a day after the High Court appointed a liquidator to wind up the company.
At the time, liquidator Cloete Murray said he could not confirm how long the workers would be employed for.
On the same day, the South African Revenue Service (Sars) swooped on AGO’s campus, seizing documents and computers.
Staffers have told News24 they received termination of employment letters on Monday.
According to one employee, workers are angry and are demanding that their jobs be saved.
He said the letter informed them that they would be serving their last few weeks in the company.
“It is bad and we are losing our jobs. The liquidator has told us in the letter that it is over,” he said.
On Monday, workers returned to work after Murray and their labour unions convinced them to.
Employees began panicking on Thursday evening when they received notification of their salaries being paid, a week ahead of schedule.
They then refused to work on Friday, and also declined to hand over company-issued laptops.
Bosasa’s woes deepened when its former COO Angelo Agrizzi gave testimony before the judicial commission of inquiry into state capture.
Agrizzi blew the lid on Bosasa’s intricate web of patronage, claiming the company paid politicians and influential civil servants millions of rands to secure state contracts.
– News24 Wire