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Good news for the Gupta associate

The criminal case towards Gupta-related businessman and previous Transnet board member, Iqbal Sharma, and his co-accused has been postponed to 23 February 2022.

The Bloemfontein Regional Court on Monday postponed the case for you to solve pretrial problems. The court docket also transferred the case to the High Court in Bloemfontein.


The case pertains to procurement fraud related to R24.Nine million that changed into paid between November 2011 and April 2012 by way of the Free State branch of agriculture to Sharma’s enterprise – Nulane Investment 204 – to conduct a feasibility study for the province’s flagship Mohoma Mobung undertaking.


ALSO READ: Gupta companion Iqbal Sharma granted R500k bail


The Free State’s notorious Estina dairy farm changed into one of the programmes covered in the Mohoma Mobung assignment. 


According to the National Prosecuting Authority’s (NPA’s) Investigating Directorate (ID), the R24.9 million was diverted to Islandsite Investments 180 – a company owned by way of the controversial Gupta circle of relatives.


The accused inside the count number is Ronica Ragavan, who stands accused in her private ability and in her consultant ability as a director of Islandsite Investments a hundred and eighty.


The other co-accused are former Free State department of rural improvement heads Peter Thabethe and Limakatso Moorosi, and the department’s former chief economic officer Seipati Dhlamini.


The accused face costs of fraud and money laundering.


“The former authorities officers are also charged with contravention of the Public Finance Management Act. The organization is charged collectively with two groups, Nulane Investments 204 (Pty) Ltd and Islandsite Investments Pty Ltd,” stated ID spokesperson Sindisiwe Seboka in a announcement.


During courtroom court cases on Monday, the warrant of arrest issued in October towards Sharma’s brother-in-regulation and Nulane Investments employee, Dinesh Patel, due to unwell health changed into also cancelled.


Compiled by Thapelo Lekabe

R25 million graft case against Gupta associates moved to high court — The Citizen

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Bloemfontein Regional Court Free State Gupta Islandsite Investments Ronica Ragavan

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