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Yesterday, Oakbay (http://ift.tt/1S1QYQW) received questions from media who speculated that the Business Rescue Practitioners for Optimum Coal Mine (“OCM”) may have alleged that a pre-payment made by Eskom was inappropriately used to fund part of the consideration for the acquisition of the shares of the seven target companies which at the time belonged to Optimum Coal Holdings (“OCH”).
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The post Oakbay Investments Sets the Record Straight on Optimum Coal Transaction appeared first on African Business Magazine.
from African Business Magazine http://ift.tt/2en05yH