MANAGEMENT

Jagatramka to pay Wollongong Coal $12M over Cliff St house

FORMER Wollongong Coal executive chairman Arun Kumar Jagatramka and his wife Mona have been ordered by the New South Wales Supreme Court to pay the company $12,081,742.99 for a house bought in Cliff Street, Wollongong, for the Jagatramka family’s personal use.

 Former Wollongong Coal executive director Arun Jagatramka.

Former Wollongong Coal executive director Arun Jagatramka.

Wollongong Coal said the Supreme Court delivered its judgment on March 13 in the company's proceedings against Gujarat NRE Properties, Arun Kumar Jagatramka and his wife Mona Jagatramka. "The proceedings...

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