A restraint order to freeze assets and homes belonging to the Gupta family and their associate Iqbal Sharma, and his wife, has been granted by the high court in the Free State.
The order, according to Seboka, applies to assets held in SA which include all property belonging to Islandsite, Sharma and his wife Tarina Patel-Sharma, and any property held by Sharma’s companies, including two registered in the UAE. “Sharma’s assets that form part of the curator’s inventory include his Sandton home valued at more than R12m. The property was featured on lifestyle television programme,“Other assets include movable property valued at R500,000 and a R1.3m sectional title home in Sandton.
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