Oakbay, Eskom director, Gupta man Mark Pamensky to Zondo: ‘I know nothing’
Mark Pamensky allegedly shared Eskom information with the Guptas that helped them in their R2.15bn purchase of Optimum Coal Holdings.
Mark Pamensky allegedly shared Eskom information with the Guptas that helped them in their R2.15bn purchase of Optimum Coal Holdings.
Project Halo has submitted the winning bid of R3.05bn for three major assets of Tegeta Exploration & Resources, the Gupta family-linked mining company under administration since February.
Oakbay Resources and Energy has been given permission to voluntarily delist from the JSE after failing to secure a transfer secretary and sponsor.
The Johannesburg Stock Exchange agreed to a request by Gupta-owned Oakbay Energy and Resources for a voluntary suspension of the listing of its securities.
The JSE is considering suspending Gupta-owned Oakbay Energy and Resources because it longer has an audit committee chairperson, sponsor or transfer secretary.
An email between Nazeem Howa, former CEO of the Gupta-owned Oakbay, Tony Gupta and President Jacob Zuma’s son Duduzane shows how the family and their associates dictated to Mineral Resources Minister Mosebenzi Zwane what he should say to the media.
Oakbay Resources, the company controlled by the Gupta family, may have its listing suspended by the Johannesburg Stock Exchange.
Mutual and Federal joins several other companies in cutting links with Oakbay Investments, the company at the centre of a political influence scandal.
Are directors of an insolvent company in any way held personally liable if they are still acting as directors when such an event occurs?
Oakbay is scrambling to restore banking relationships after all four major SA banks cut ties following allegations that the Guptas have undue political influence with President Zuma.