In January 2016 a letter from Pamensky, then a director of Gupta company Oakbay, was sent to Trillian. His letter assessed whether being a director of Eskom and a consultant “and potential shareholder” of Fuel Property Group represented a conflict of interest. At the time Pamensky chaired Eskom’s investment and finance committee, which was investigating the sale of noncore real estate assets to a dedicated fund to optimise the power utility’s balance sheet. In March 2016 Pamensky declared his potential shareholding of Fuel Property to Eskom. Mark Pamensky letter:
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