The Guptas and Duduzane Zuma have resigned from their positions at Oakbay Investments amid ongoing public calls for the resignation of President Jacob Zuma.
The business family with close links to Zuma were dumped by KPMG, Absa and FNB this week.
702's Xolani Gwala speaks to Bruce Whitfield in an attempt to unravel the ongoing drama surrounding the infamous family's business dealings.
Listen to the interview below:
In the last week, KPMG came out with a statement saying they won't be doing business with them... Then we found out that the banks don't want them as clients any more.— Bruce Whitfield, The Money Show host
A leaked letter that the Guptas have been asking government ministers and the president to please step in and get the banks to get them bank accounts.— Bruce Whitfield, The Money Show host
The Gupta family has been embroiled in claims of state capture through sinister relationships with Zuma, various government ministers and top officials in state-owned institutions.
Forgive me for being cynical. Just because you step down from a board, doesn't mean you still don't call the shots.— Bruce Whitfield, The Money Show host
The banks don't want to be seen to be involved in anything improper because their image may be affected.— Bruce Whitfield, The Money Show host