A judicial commission of inquiry into banks is the best way to shed light on the reasoning behind their decision to close off accounts with Oakbay Investments, said CEO Nazeem Howa. In a teleconference with the media, Howa expressed
Browsing: Oakbay Investments
South Africa’s cabinet has asked President Jacob Zuma to set up a judicial review to consider creating a state bank as well as the mandates of both the Banking Tribunal and Banking Ombudsman after the nation’s four biggest lenders said they would stop doing business with
Gupta-owned Oakbay Resources and Energy has averted being booted off the JSE by securing a new sponsor with effect from Thursday. This comes after the Guptas announced last Friday that they would sell all their shares in their South African businesses by the end
Gupta-owned television news station ANN7 fired five more journalists on Tuesday. They had taken part in protests and other demonstrations in solidarity with eight colleagues who were dismissed in June
Gupta-owned Sahara Computers CEO Stephan Nel on Tuesday opened a case of intimidation after an anonymous person allegedly phoned to warn him against approaching finance minister Pravin Gordhan for assistance regarding Oakbay’s blacklisted
Four executives of four Gupta-owned companies ambushed finance minister Pravin Gordhan on PowerFM on Sunday night with questions focusing on the blacklisting of their bank accounts. In his response, Gordhan revealed for the
Hacktivist group Anonymous Africa said it was attempting to down websites of Gupta-linked media outlets ANN7 and The New Age on Wednesday. Earlier on Wednesday, Anonymous Africa
Oakbay Investments, whose dominant shareholders include the Gupta brothers, has acknowledged that hackers have targeted its websites. Hacktivist group Anonymous Africa said via
Gupta-owned Oakbay Resources and Energy’s share price plummeted by more than 90% on the JSE on Wednesday, the same day that hackers attacked the company’s websites and shut them down, although the two incidents
South African regulators are seeking details from India’s Bank of Baroda of accounts belonging to businesses owned by the Gupta family, intensifying scrutiny of the friends of President Jacob Zuma, according to a person close to the