South Africa: NPA Declines to Prosecute Trillian's Eric Wood

analysis

Eric Wood, the Chief Executive Officer of the little Gupta company, Trillian Capital Partners, has escaped prosecution on a R17-million money laundering case emanating from an alleged Transnet kick-back scandal.

The National Prosecuting Authority has confirmed that it has declined to prosecute Eric Wood over payments to the Gupta-owned The New Age newspaper in 2015 on the grounds that it considered the matter to be "a civil case".

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