Oakbay Investments
Source: Oakbay Investments |

An Open Letter to South Africa’s Banks – Issued on Behalf of Oakbay’s Staff

If by the end of May the accounts remain closed, Oakbay’s businesses will close

Please reopen the bank accounts so that we do not have to suffer. We, the employees, have not done anything wrong

JOHANNESBURG, South Africa, April 20, 2016/APO (African Press Organization)/ --

An open letter from Oakbay employees (www.OakbayInvestments.co.za) was sent on Tuesday 19 April to:

Maria Ramos, Chief Executive Officer, ABSA 
Jacques Celliers, Chief Executive Officer, FNB 
Ben Kruger, Chief Executive Officer, Standard Bank 
Michael Brown, Chief Executive Officer, Nedbank 
Dear Maria, Jacques, Ben and Michael


The full letter is copied below:

An open letter from the employees of Oakbay to (SOS):

Maria Ramos, Chief Executive Officer, ABSA 
Jacques Celliers, Chief Executive Officer, FNB 
Ben Kruger, Chief Executive Officer, Standard Bank 
Michael Brown, Chief Executive Officer, Nedbank 
Dear Maria, Jacques, Ben and Michael

RE: IMPASSIONED PLEA FROM OAKBAY EMPLOYEES - PLEASE SAVE OUR JOBS 

We are not rich people. We are not politically connected. We have not captured the state. We have never offered any politician a job. 

We do not know if any of the allegations against the Gupta family or Oakbay’s management are true. We do not care. 

All we care about is providing for our families. If you do not open Oakbay’s bank accounts we cannot be paid and Oakbay cannot pay its bills. 

If by the end of May the accounts remain closed, Oakbay’s businesses will close. That means that thousands of us will be without a job. 

How will we pay our bills? How will we feed our families? You will not just be hurting us, but our children too. Must they go to school on an empty stomach? What happens when we cannot pay our rent or house bonds? Will our children have to live on the street? 

We urge you to recognise that your actions have a human cost. Only a few weeks ago the companies we worked for were profitable and our jobs secure. We do not understand why we have become the victims in a political game. 

Please reopen the bank accounts so that we do not have to suffer. We, the employees, have not done anything wrong. 

We humbly ask you to hear our message. 

Yours faithfully,

Employee Representatives
1. P Mosomane
2. R Russo

Download the letter in pdf format: http://www.APO.af/za5Xc0

Distributed by APO Group on behalf of Oakbay Investments.

Notes to Editors

Contact: corpcomm@oakbay.co.za