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Bad news - the Gupta brothers have done it again

The State has affirmed that Gupta Inc's Madam Fix-it Ronica Ragavan is the furthest down the line individual to be indicted regarding an R24.9-million criminal case in the Free State


 


The Investigating Directorate of the National Prosecuting Authority says Ragavan, one of two overseers of the Gupta-possessed Islandsite Investments 180, was planned to show up in the Bloemfontein Regional Court on Tuesday morning. Ragavan was not in participation because of clinical reasons and a warrant for her capture was given however remained by the court. 


She is relied upon to join the remainder of the blame for this situation (the people who are in South Africa) when the case gets back to court on 8 October 2021. 


The other denounced are previous Gupta partner Iqbal Sharma, his brother by marriage Dinesh Patel and three previous Free State government workers – Peter Thabethe, Limakatso Moorosi, and Seipati Dhlamini. 


The criminal case exudes from a 2011 due ingenuity directed for an undertaking for the Free State branch of provincial turn of events and agribusiness. 


The State's case is that the cash from this arrangement was diverted to the Gupta-possessed Islandsite and that the main part of the cash (R19-million) was moved to a Dubai organization supposedly connected with the Gupta undertaking. 


Four individuals from the Gupta family, the investors of Islandsite, Atul, and sibling Rajesh, alongside their spouses Chetali and Arti, are needed regarding the situation. South Africa's solicitation for Interpol Red Notices for them stays forthcoming. 


Red Notices for two senior individuals from the Gupta undertaking, Ravi Nath and Jagdish Parekh, and two other charges have as of now been gotten however it's logical they should be removed to South Africa before their indictment can start. 


Between them, the blamed face a reach for charges including infringement of the Public Finance Management Act, misrepresentation, and tax evasion. 


See this article on Ragavan's oath to the Free State High Court, submitted as a component of the Gupta family's endeavors to stop a draft restriction request from being made last. Ragavan said it was her, and a portion of her previous associates, and not the outlaw Gupta sibling who controlled an Absa ledger that is at the focal point of the multimillion-rand criminal examination. DM Gupta lieutenant Ronica Ragavan joins list of accused in Free State fraud case, Investigating Directorate confirms (msn.com)

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Dinesh Patel Free State Gupta Iqbal Sharma Limakatso Moorosi

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