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R25 million graft case against Gupta associates moved to high court

The criminal argument against Gupta-connected financial specialist and previous Transnet board part, Iqbal Sharma, and his co-charged has been delayed to 23 February 2022.

The Bloemfontein Regional Court on Monday deferred the case to determine pretrial issues. The court additionally moved the case to the High Court in Bloemfontein.

The case identifies with obtainment extortion including R24.9 million that was paid between November 2011 and April 2012 by the Free State division of horticulture to Sharma's organization – Nulane Investment 204 – to direct a practicality study for the territory's lead Mohoma Mobung project.

Likewise READ: Gupta partner Iqbal Sharma allowed R500k bail

The Free State's scandalous Estina dairy ranch was one of the projects remembered for the Mohoma Mobung project.

As indicated by the National Prosecuting Authority's (Npa's) Investigating Directorate (ID), the R24.9 million was redirected to Islandsite Investments 180 – an organization possessed by the dubious Gupta family.

The denounced regarding the present situation is Ronica Ragavan, who stands charged in her own ability and in her agent limit as an overseer of Islandsite Investments 180.

The other co-blamed are previous Free State division for rustic advancement heads Peter Thabethe and Limakatso Moorosi, and the office's previous CFO Seipati Dhlamini.

The blamed deal with indictments for misrepresentation and illegal tax avoidance.

"The previous government authorities are likewise accused of contradiction of the Public Finance Management Act. The gathering is accused together of two organizations, Nulane Investments 204 (Pty) Ltd and Islandsite Investments Pty Ltd," said ID representative Sindisiwe Seboka in an assertion.

During court procedures on Monday, the warrant of capture gave in October against Sharma's brother by marriage and Nulane Investments worker, Dinesh Patel, because of weakness was additionally dropped.

Gathered by Thapelo Lekabe

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

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Bloemfontein Free State Gupta Ronica Ragavan Transnet


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