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.
James Gubb’s fine was 250 times the value of the trade, and if the same logic is applied to the Guptas the fine would be around $250m.
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.
Lesetja Kganyago says there are a number of errors in the preliminary report that recommends Absa pay back R2.25bn for an unlawful apartheid-era bailout.
Donwald Pressly says factionalism is the order of the day in the ANC and they can no longer hide it. He analyses the potential implosion of the ruling party, bit by bit.
Daniel Sutherland believes the story that Pravin Gordhan has to present himself to the Hawks has everything to do with the Russian nuclear deal.
The short of it is that Shiva is a worthless asset, that cannot be economically mined, unless the price for uranium is at least $100/lb, says Biznews community member Daniel Sutherland.
From Saxonwold to the UAE, the Guptas are making themselves comfortable in the equivalent of Beverly Hills, and they’re building a Hindu temple at a cost of R200m in India.
South Africa stepped in on Thursday to try to contain the damage from a stand-off between the country’s banks and Oakbay, a company owned by the Gupta family.
A meeting scheduled between ANC Youth League President Collin Maine and Gupta-owned Oakbay employees ended abruptly when they chased him away.