Criticism
In August 2012 the Mail & Guardian reported that Mvelaphanda (Mvela) Holdings, a joint venture between Tokyo Sexwale and OZ Management, was behind a USD100 million loan to the Zimbabwean political party Zanu-PF.
Och-Ziff Capital Management Group is one of the companies accused of threatening to block the European attempt to save Greece from defaulting unless they are guaranteed a significant payout. In response, Och-Ziff issued a statement, saying that it did not have a material investment in Greek sovereign debt, nor had it been involved in the debt negotiations.
Palladino Holdings and Mvelaphanda Holdings, affiliates of OZ Management, are connected to a $25 million loan that Palladino lent to the state of Guinea in order to start up a state mining company.
Read more about this topic: Och-Ziff Capital Management
Famous quotes containing the word criticism:
“The greater the decrease in the social significance of an art form, the sharper the distinction between criticism and enjoyment by the public. The conventional is uncritically enjoyed, and the truly new is criticized with aversion.”
—Walter Benjamin (1892–1940)
“To be just, that is to say, to justify its existence, criticism should be partial, passionate and political, that is to say, written from an exclusive point of view, but a point of view that opens up the widest horizons.”
—Charles Baudelaire (1821–1867)
“The aim of all commentary on art now should be to make works of art—and, by analogy, our own experience—more, rather than less, real to us. The function of criticism should be to show how it is what it is, even that it is what it is, rather than to show what it means.”
—Susan Sontag (b. 1933)