Absa had every right to wait 15 months before it closed down the accounts of Gupta-owned companies‚ .
The showbiz patriarch - who used to manage his famous daughter - is running a training course called, 'The Entertainment Industry: How Do I Get In?', where he will lecture students on how to break into show business.
Held at the Houston Community College in Texas, USA the £200 seminars will start from September. For an extra £100 classmates can have a meet and greet with Mathew himself. The 63-year-old music executive and record producer was in charge of his Grammy Award winning daughter's career for over 20 years.
Beyonce left his management in 2011 shortly after it was revealed that Mathew had fathered a secret child with Alexsandra Wright. Later that year, he launched the girl band From Above in the industry after signing them to his label Music World Entertainment in 2008.
Unfortunately, the ladies did not enjoy the same success as Beyonce's girl band, Destiny's Child, as they failed to make the UK Top 40 Music Chart with their debut single, 'Not The Same Girl'. From Above later auditioned for the UK version 'X Factor' but didn't get past the boot camp stage.