Question NW477 to the Minister of Mineral Resources

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08 June 2017 - NW477

Profile picture: Alberts, Mr ADW

Alberts, Mr ADW to ask the Minister of Mineral Resources

(1) Whether, with reference to his reply to question 1155 on 5 May 2016, any of the directors of Oakbay accompanied him to Switzerland to facilitate the transaction between Oakbay and Glencore, as he indicated in his reply as to the purpose of his visit to Switzerland; if not, (2) whether he facilated the transaction on his own without any representative of Oakbay; if so, which role (a) he as Minister and (b) the director(s) played in negotiations with Glencore; (3) whether he personally has any direct or indirect interests in Oakbay or Optimum or had any in the past; if so, what are the relevant details?


1.Minister was accompanied by an official from the Department.

2. I did not facilitate any transaction. I went there to promote mining and address company issues relating to investment climate in the country in general and to mitigate imminent of retrenchment

3. No, I don’t have any interest in Oakbay or Optimum


Approved/Not Approved

Mr MJ Zwane, MP

Minister of Mineral Resources

Date Submitted:-……………/………………/2017

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