Oakbay Urges Gordhan to Drop Application on South African Banks

  • Court application alleges “suspicious transactions”
  • South African banks shut Gupta-controlled company accounts

Oakbay Investments, which is controlled by President Jacob Zuma’s friends the Gupta family, demanded South African Finance Minister Pravin Gordhan to withdraw a court application implicating the company in “suspicious transactions,” a day after welcoming the chance to prove its innocence.

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