OVERVIEW: Zwane has initiated a meeting with Glencore's Glasenberg in Switzerland, Ephron reports to #StateCaptureInquiry


Maleka asks Ephron for a meeting on October 20, 2015, involving representatives of various stakeholders – the BRPs, Glencore, and Oakbay representatives. Maleka confirms that Ephron was present at the meeting.

Ephron said: "Discussions concerned only the sale of Optimum coal mine shares and did not include any of the other assets held by Optimum Coal Holdings, which was a relatively short discussion and was in very good agreement with the bid number two we received from Oakbay. "

Maleka: "Where did the discussion take place?"

Ephron: "In Saxonwold, among the Guptas."