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Manyi denies links between ANN7, New Age and the Guptas

23 January 2018, 8:04 PM  |
Mbongeni Muthwa Mbongeni Muthwa |  @SABCNews
Jimmy Manyi acquired ANN7 and the New Age from the Guptas six months ago for R450 million by way of vendor financing- which means the Guptas lent him the money to buy their assets from them.

Jimmy Manyi acquired ANN7 and the New Age from the Guptas six months ago for R450 million by way of vendor financing- which means the Guptas lent him the money to buy their assets from them.

Image: sabc

Jimmy Manyi acquired ANN7 and the New Age from the Guptas six months ago for R450 million by way of vendor financing- which means the Guptas lent him the money to buy their assets from them.

Jimmy Manyi continues to deny any existing links between the TV news channel ANN7 and the New Age newspaper and the Guptas.

This despite the fact that the two media entities are still listed on the Guptas’ holding company Oakbay’s official website as part of its group of companies.

Manyi acquired ANN7 and the New Age from the Guptas six months ago for R450 million by way of vendor financing- which means the Guptas lent him the money to buy their assets from them.

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