The Pretoria high court should grant national director of public prosecutions Shamila Batohi preservation orders over Optimum Coal Mine as it was a vehicle through which the Gupta family laundered money, the NDPP argued in court.
The Johannesburg High Court has declined to grant a declaratory order sought by directors of the Gupta-linked Tegeta Exploration and Resources to prevent business rescue practitioners from progressing the rescue of Optimum Coal Terminal. The judgment, handed down on Tuesday, has, however, immediately sparked an engagement between the business rescue practitioners of the Terminal and the National Prosecuting Authority (NPA), which has threatened to seek another interdict if talks fail.
<p>An attempt by Gupta affiliates to derail the business rescue proceedings of Optimum Coal Terminal has failed, but now the National Prosecuting Authority is stepping in.</p>