Industrial Development Corporation (IDC) officials met executives‚ officials and shareholders of Gupta-owned Oakbay Resources and Energy ahead of providing financial assistance to the company‚ IDC CEO Geoffrey Qhena said on Tuesday.His comments were contained in a reply to a question to Economic Development Minister Ebrahim Patel by Democratic Alliance economic development spokesman Michael Cardo. DA MPs have asked a series of Cabinet ministers whether they had met any members of the Gupta family within the context of allegations that they had captured the state through their close association with President Jacob Zuma.“In the period leading up to the finalisation of negotiations regarding the transaction and in the normal course of business‚ Mr Ufikile Khumalo (who was at the time the divisional executive responsible for mining and beneficiation) and Mr Abel Malinga (the current divisional executive responsible for mining and metals industries) held several meetings with officials‚...
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