Oakbay Investments says did not remove money from mine trust

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JOHANNESBURG (Reuters) – South Africa’s Oakbay Investments said on Monday no monies had been removed from a mine trust fund set up under domestic laws for environmental clean-up work.

“The Rehabilitation Fund balance was moved from Optimum Mine Rehabilitation Trust’s account with Standard Bank to Bank of Baroda in June 2016,” Oakbay Investments said in a statement.


(Reporting by Tiisetso Motsoeneng. Editing by Jane Merriman)


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