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PetroSA was owed R227m, but may end up losing R1.4bn instead

17 Sep 2026, 04:30 GMT By Susan Comrie for amaBhungane
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Article PetroSA was owed R227m, but may end up losing R1.4bn instead
Credit: Susan Comrie for amaBhungane

State-owned fuel company PetroSA faces liquidation after entering into a ludicrous settlement with an obscure but ambitious fuel trader, Nako Energy.