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:
“Homoeopathy is insignificant as an art of healing, but of great value as criticism on the hygeia or medical practice of the time.”
—Ralph Waldo Emerson (1803–1882)
“It is from the womb of art that criticism was born.”
—Charles Baudelaire (1821–1867)
“It is ... pathetic to observe the complete lack of imagination on the part of certain employers and men and women of the upper-income levels, equally devoid of experience, equally glib with their criticism ... directed against workers, labor leaders, and other villains and personal devils who are the objects of their dart-throwing. Who doesn’t know the wealthy woman who fulminates against the “idle” workers who just won’t get out and hunt jobs?”
—Mary Barnett Gilson (1877–?)