The Mercury

Audit committee chairman resigns

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OAKBAY Resources and Energy, which is owned by the Gupta family, said on Friday that Mark Pamensky, independen­t nonexecuti­ve director and chairman of the audit committee, had resigned with effect from June 10. The statement added that Pamensky was also a member of the company’s risk; nomination; and social, ethics and remunerati­on committees. The Gupta family has suffered a series of blows, including the loss of senior staff and banking facilities, amid allegation­s of political meddling and state capture. – ANA

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