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NPA steps in as Optimum Coal Terminal interdict falls away

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. ....

South Africa , Van Niekerk , Sindisiwe Twala , Bouwer Van Niekerk , Johannesburg High Court , National Prosecuting Authority , Gupta Linked Tegeta Exploration , Optimum Coal , Optimum Coal Terminal , Optimum Mine , Ronica Ragavan , Optimum Coal Mine , Liberty Coal , Organised Crime ,

NPA steps in as Optimum Coal Terminal interdict falls away

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. ....

South Africa , Van Niekerk , Sindisiwe Twala , Bouwer Van Niekerk , Johannesburg High Court , National Prosecuting Authority , Optimum Coal Terminal , Johannesburg High , Optimum Coal Mine , Gupta Linked Tegeta Exploration , Optimum Coal , Optimum Mine , Ronica Ragavan , Liberty Coal , Organised Crime ,

Optimum on verge of bankruptcy

The giant Optimum coal mine will go bankrupt if the National Prosecuting Authority (NPA) prevents it from being transferred to Daniel McGowan’s Templar Capital, which helped the Guptas buy the mine in 2016. ....

Kurt Knoop , Liberty Coal ,

Trillian liquidators label Centaur Mining a 'Gupta pu...

Trillian liquidators label Centaur Mining a 'Gupta pu...
dailymaverick.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymaverick.co.za Daily Mail and Mail on Sunday newspapers.

South Africa , United Arab Emirates , South African , Sivalutchmee Moodliar , Ndumiso Sibiya , Daniel Mcgowan , Kurt Knoop , Salim Essa , Cloete Murray , Oakbay Tegeta , Eric Wood , Louis Klopper , Trillian Holdings , Sa Reserve Bank , Centaur Ventures Limited , Africa Competition Commission , Sa Revenue Service , Essa Trillian Holdings , Trillian Shared Services , High Court , Centaur Mining , Optimum Coal Mine , Competition Commission , Liberty Coal , Management Consulting , Trillian Capital Partners ,

Liquidation and litigation woes: A strike at the heart...

Liquidation and litigation woes: A strike at the heart...
dailymaverick.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymaverick.co.za Daily Mail and Mail on Sunday newspapers.

New York , United States , South Africa , United Arab Emirates , Kwazulu Natal , Sun City , North West , United Kingdom , De Roodepoort , Free State , South African , Rajesh Gupta , Paul Holden , Daniel Mcgowan , Kurt Knoop , Felix Dlangamandla , Salim Essa , Pravin Gordhan , Daniel Mcgowan Liberty , Louis Klopper , Elsie Mahlangu , Brps Kurt Knoop , Aakash Garg , Brett Tate , Templar Capital Ltd , Mining Services ,