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Gupta family business faces more corruption charges

Islandsite Investments Pty Ltd an association asserted by the Gupta family has been added to the R24.9M Nulane Investment feasibility focus on corruption case, the Investigating Directorate covered Tuesday. 

Looking at Directorate Spokesperson Sindisiwe Seboka said that Ronica Ragavan, a co-boss in the association had fail to appear in the Bloemfontein Regional court as a specialist of the business. Ragavan had refered to clinical reasons as her justification for fail to appear in court. 

"A warrant for her catch has been given anyway stayed by the court," Seboka said. 

Seboka said the case has now been conceded to 8 October 2021 when the Gupta guaranteed Islandsite, comparably six other upbraided, will appear in court together strangely. 

The other reproved for the circumstance are past Transnet Board part Iqbal Sharma, Nulane Investment specialist Dinesh Patel, past Free State head of Department for Rural Development (FSDoRD), Peter Thabethe; past head of FSDoA, Limakatso Moorosi; and past FSDoA Chief Financial Officer, Seipati Dhlamini who are managing prosecutions of coercion and tax avoidance. The past government specialists have moreover been charged for probably nullifying of the Public Finance Management Act. The social affair is blamed together for two associations, Nulane Investment 204 (Pty) Ltd and Islandsite Investments Pty Ltd

The case, which as of now sees the Gupta guaranteed firm added as impugned number seven, relates to securing blackmail including R24.9 million, that was paid between November 2011 and April 2012 by the Free State Department of Agriculture (FSDoA) to Nulane Investment 204 (PTY) LTD, an association had and compelled by Sharma. 

"Starting there the resources were diverted to Islandsite Investments 180 (Pty) Ltd (Islandsite). The R24.9m was purportedly paid to Nulane to lead an attainability study for the Free State Province's chief Mohoma Mobung project, on the reason that Nulane had striking capacities to play out the work," Seboka said. 

The matter has been pulling out in court for a significant long time.

Gupta family business faces more corruption charges (

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Dinesh Patel Gupta Islandsite Investments Pty Ltd Nulane Peter Thabethe


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