Reuters logo
BRIEF-Oakbay Investments confirms no money removed from mine fund
October 17, 2016 / 3:57 PM / in a year

BRIEF-Oakbay Investments confirms no money removed from mine fund

Oct 17 (Reuters) - Oakbay Investments Pty Ltd:

* Confirms that no monies have been removed from Optimum Rehabilitation Fund

* Rehabilitation fund balance was moved From Optimum Mine Rehabilitation Trust’s account with Standard Bank to Bank Of Baroda in June 2016

* This is only movement of money from this account. This movement was with full permission of joint business rescue practitioners

* Any suggestions that rehabilitation fund has been drawn down upon are absolutely untrue and defamatory For full story: Source text for Eikon: (Bengaluru Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below