麻豆约拍

Oakbay Resources and Energy, which until last week was run by the controversial Gupta brothers, is facing ruin as auditors KPMG and several national banks withdrew their support for the company. They cited concerns about the political storm surrounding the Gupta family's friendship with President Jacob Zuma. It has been alleged the Gupta brothers unduly influenced his choice of appointments to the cabinet. They've resigned from their positions in Oakbay Resources, following what they called "a period of sustained political attack on our family and our businesses". Lucy Burton spoke to the new chief executive of Oakbay, Nazeem Howa. He said that if the company can't re-establish its relationship with the banks, thousands of jobs will be at risk.

(Picture: Ajay and Atul Gupta. Picture credit: Gallo Images.)