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Bad news received by Guptas

Gupta-had association Islandsite Investments Pty Ltd co-boss Ronica Ragavan was caught on Friday morning, the National Prosecuting Authority Investigating Directorate (ID) said. 


ID agent Sindisiwe Seboka said Ragavan was taken care of and was appearing under the watchful eye of the Bloemfontein official's court on Friday morning. 


Islandsite Investments Pty and Ragavan were added to the besieged Estina dairy feasibility relevant examination case at a past court appearance on September 28. Ragavan fail to appear at court, refering to clinical reasons. 


Ragavan will appear nearby past Transnet board part Iqbal Sharma, Nulane Investments 204 agent Dinesh Patel, past Free State head of office for natural improvement Peter Thabethe, past Free State cultivating head of division Limakatso Moorosi and past office CFO Seipati Dhlamini, who all made an appearance with their legitimate counsels during a virtual hearing on Friday morning. 


They manage prosecutions of distortion and tax avoidance. 


The past government specialists are moreover blamed for disavowal of the Public Finance Management Act. 


The case relates to acquisition distortion including R24.9m paid by the Free State part of cultivating to Nulane Investments. 


A chance report was contracted to Nulane Investments by the Free State government to check the likelihood of accomplishment of the Mohoma Mobung cultivation project. 


Nulane Investments, in any case, had no agents on its books and subcontracted Deloitte to convey the report. 


Deloitte was paid R1.5m for the work. 


The fundamental change made to the Deloitte report was to recognize Paras dairy as a fitting doing associate for the progression of a milk getting ready plant in Vrede, Free State. 


In July, the ID said tries to bring the Gupta kin and their companions back to SA to manage prosecutions had fortified, with Interpol giving red warning for their catch. 


Atul Gupta and his soul mate Chetali, Rajesh Gupta and his life partner Arti, and three others are expected to join the other accused.


Gupta-owned company co-director Ronica Ragavan arrested (msn.com)

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Dinesh Patel Limakatso Moorosi Nulane Investments Peter Thabethe Ragavan

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