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Nulane recommended an Indian company, Paras Dairy, for the Vrede dairy project, now linked to the Estina fraud investigation.
The National Prosecuting Authority Investigating Directorate has seized assets of the Guptas and their associate worth millions of Rands.
The seized assets include luxury properties in Morningside, Saxonwold and Constantia. Prosecutors have also sought help from Interpol to arrest the Guptas and extradite them to South Africa to face criminal charges, a statement from the Dorcetorate said. The High Court of South Africa, Free State Division, Bloemfontein granted the NPA s investigating Directorate a restraint order to freeze assets of Iqbal Sharma, his company Nulane Investments 204 (Pty) Ltd, and Islandsite Investments 180 (Pty) Ltd, which belongs to Atul and Rajesh Gupta and their wives, Chetali and Arti Gupta, respectively, it said.
NPA executes wide-ranging restraint order for assets belonging to the Guptas and their associates in Cape Town and Johannesburg. The order, which also covers Iqbal Sharma’s ‘Top Billing’ mansion and two others in the UAE, is being served on him in police holding cells at Bainsvlei in the.
A host of companies linked to the influential Indian-origin Gupta brothers received a total of over 49 billion rands in irregular payments from a number of parastatal corporations in South Africa, a w
Johannesburg, May 26
A host of companies linked to the influential Indian-origin Gupta brothers received a total of over 49 billion rands in irregular payments from a number of parastatal corpo