Guptas oakbay investments
NPA gets another week to gear up against Oakbay's asset seizure challenge
The matter was to be heard on Thursday but the NPA asked for a postponement because their ideal senior counsel was unavailable.
The case relates to the ongoing Estina dairy farm investigation which last month saw the AFU freeze 43 properties, as well as three aircraft and numerous luxury vehicles.
The R70-million VAT refund was paid to Terbium financial services in May after the company was hired to handle the Gupta companies’ payment of salaries.
Daily Maverick's Scorpio is reporting that Tom Moyane disregarded advice and pushed through payments for the benefit of Oakbay.
Several sources at Oakbay Investments’ Sandton offices claim duffel bags often leave this premises with unknown officials driving black SUVs.
The Democratic Alliance has accused Bell Pottinger of exploiting racial divisions in South Africa through campaigns for the Gupta-owned Oakbay.
The Panama Papers reveal that Ronald Alfred Beau is linked to 11 companies set up in Panama or the British Virgin Islands.
Manyi says despite what is being said about the Gupta’s the high court ruling last week gave him confidence that he made the right decision.
Mzwanele Manyi says he takes offence to the notion that his purchase of the two media companies is a front.
Lodidox and Management, which is owned by Manyi, has bought the ANN7 news channel and the New Age newspaper from Oakbay Investments.
Amabhungane and Scorpio revealed on Tuesday how the Guptas, through companies registered in Duduzane Zuma’s name, paid about R4.5-million towards the purchase price of R5.2-million.
For an open hearing to be granted, all parties involved in a complaint as well as the committee members must give their permission.
According to the PRCA's procedures, an open hearing can only be done if both parties and the committee members agree to it.
After receiving the DA’s complaint, the PRCA gave Bell Pottinger until 6 pm last night to make written submissions.
SAP executive board member Adaire Fox-Martin says this investigation will be conducted entirely transparently and with full integrity.
A picket has been organised by the Democratic Alliance (DA) that has also lodged complaints with two regulatory UK bodies.
The UK company last week confirmed that its lead partner on the Gupta Oakbay Capital account was sacked and that three others were suspended.
The company confirmed its lead partner on the Gupta’s Oakbay capital account was sacked and three others were suspended over the matter.
The DA’s Phumzile van Damme says the Public Relations and Communications Association has been in contact with the party.