7 December 2018

South Africa: Ronica Ragavan - 'A Devotee, Glorified Secretary and Madam Fix-It'

analysis

She was top management, juggled paperwork for everything from the acquisition of coal mines, insurance for a jet and a million-dollar Dubai/New York transfer right down to event décor and the Merlot and Sauvignon Blanc orders. Proxy, PA or CEO, Ronica Ragavan is aide extraordinaire, a Gupta lieutenant like no other.

Her name, face and signature feature prominently across battlefield central in the Gupta family's State Capture woes. The men have long bailed and today, she holds what's left of the family's gutted empire in her hands: She has been their voice, their liaison between lawyers, auditors and bankers, their unofficial chargé d'affaires.

'I am Ronica Ragavan, CEO of the various Gupta companies and accused number 10 in the Estina case."

This, it is said, was how Gupta Inc's Madam Fix-It introduced herself at an April 2018 meeting of interested parties when eight of their companies went into business rescue earlier in 2018.

At that moment, she let everyone know...

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