The Tegeta Exploration and Resources has again filed an application for liquidation from the Gupta company, Oakbay Investments. The Tegeta institution has gone on a hunt for the R402 loan from the Gupta company, which has been in disarray in recent months. Tegeta claims that the Guptas ‘family business’ Oakbay Investments, as an entity owes..
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Liquidation of Gupta company, Oakbay back on the table
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Edcon group, which owns Edgars, may be bankrupt
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The Edcon group, which owns Edgars, has denied reports that the entity faces liquidation. A statement says that the group is experiencing financial difficulties, but is negotiating between shareholders, suppliers and landlords in an effort to save the company. The same statement states that there will be no job losses, but there will be fewer..
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Is this a case of ‘your sins are catching up with you’ or not – Gupta-owned mine CEO killed in alleged hit
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A manhunt has been launched to try and track down those responsible for an alleged hit on the CEO of a Gupta-owned mining company. Jagannath Arora was gunned down while driving in Midrand in northern Johannesburg on Saturday night.
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