Magro and the Tiko group condemned by the Justice

Here is one more condemnation for the ousted president’s corporation. Magro actually signed a lease contract with the Trade Chamber in 1998. The department store now has to give up its facilities of Ankorondrano. The concerned facilities have actually been hosting demonstrators supportive of Marc Ravalomanana since they have been banned from access to the place of democracy, in Ambohijatovo. 

The president of the Trade Chamber denied the alleged political tie with Magro’s expelling. Marc Ravalomanana’s supporters do not hear it this way. The first court meant to judge the case declared its nullification. This time around, the Commercial court decided. 

Tiko’s lawyers would currently be considering the appeal option. The group has definitely been paralysed since last year’s January 26th, consequently to the havoc directed against Magro and the Tiko group.