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Gupta-owned company co-director Ronica Ragavan arrested

Gupta-possessed organization Islandsite Investments Pty Ltd co-chief Ronica Ragavan was captured on Friday morning, the National Prosecuting Authority Investigating Directorate (ID) said. 



ID representative Sindisiwe Seboka said Ragavan was handled and was showing up under the watchful eye of the Bloemfontein officer's court on Friday morning. 


Islandsite Investments Pty and Ragavan were added to the bombed Estina dairy plausibility contextual analysis case at a past court appearance on September 28. Ragavan neglected to show up at court, referring to clinical reasons. 


Ragavan will show up close by previous Transnet board part Iqbal Sharma, Tulane Investments 204 worker Dinesh Patel, previous Free State head of division for rustic advancement Peter Thabethe, previous Free State horticulture head of office Limakatso Moorosi, and previous office CFO Seipati Dhlamini, who all showed up with their legal counselors during a virtual hearing on Friday morning. 


They deal with indictments of misrepresentation and illegal tax avoidance. 


The previous government authorities are additionally accused of repudiation of the Public Finance Management Act. 


The case identifies with obtainment extortion including R24.9m paid by the Free State Division of agribusiness to Nulane Investments. 


A plausibility study was contracted to Nulane Investments by the Free State government to check the probability of accomplishment of the Mohoma Mobung agribusiness project. 


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


Deloitte was paid R1.5m for the work. 


The main change made to the Deloitte report was to distinguish Paras dairy as an appropriate executing accomplice for the advancement of a milk preparing plant in Vrede, Free State. 


In July, the ID said endeavors to bring the Gupta siblings and their spouses back to SA to deal with indictments had heightened, with Interpol giving red notification for their capture. 


Atul Gupta and his better half Chetali, Rajesh Gupta and his better half Arti, and three others are needed to join the other blamed.Gupta-owned company co-director Ronica Ragavan arrested (msn.com)

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Islandsite Investments Pty Ltd National Prosecuting Authority Investigating Directorate Peter Thabethe Ronica Ragavan Sindisiwe Seboka

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