High Court Lifts Asset Freeze on Gupta-Linked Companies

The Bloemfontein High Court has ruled in favour of the companies - lifting a freeze on U.S.19.8 Million in assets. Judge Phillip Loubser said there are no reasonable grounds that the companies and individuals received gifts from Estina Dairy Project. Those arrested were Estina director Kamal Vasram, former directors at the Guptas' holding company Oakbay - Varun Gupta, Ronica Ragavan, Nazeem Howa and Ashu Chawla - and Free State officials Peter Thabethe, Sylvia Dlamini, and Takisi Masiteng.

The Hawks raid the Gupta home in Johannesburg on February 14, 2018.

InFocus

See What Everyone is Watching

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.