“The freezing order, granted in terms of the Prevention of Organised Crimes Act , will be served on Iqbal Sharma at the Bloemfontein Bainsvlei SAPS holding cells, while Islandsite [which belongs to Atul and Rajesh Gupta and their wives, Chetali and Arti Gupta] will be served at its local business address,” said Investigating Directorate spokesperson Sindisiwe Seboka.
“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. “Should the accused be convicted, the NDPP will apply for a confiscation order against Sharma and Islandsite to recoup the value of benefits derived from the offences and related criminal activities.
Great news! They wouldn't do this if they didn't have a watertight case. Excellent work. The beginning of the end for them.
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gupta family homes worth millions seized in Constantia and SandtonGupta family homes have been seized, following an order granted by the high court in Free State. Awesome! Now do Jacob Life usually gives u exactly what you put to it When is it going to Auction?
Source: TimesLIVE - 🏆 28. / 59 Read more »
Gupta associate and three former Free State officials arrested, due in courtGupta associate and three former Free State officials arrested, due in court NPA has fifth suspect in failed Vrede Dairy Project in its sights and an arrest is imminent, spokesperson says New laws should be introduced for corrupt officials.
Source: BDliveSA - 🏆 12. / 63 Read more »
Gupta associate and former Free State officials in the dock over Estina dairy projectGupta family associate and businessman Iqbal Sharma and three former Free State agriculture officials appeared in the Bloemfontein magistrate’s court on Thursday. We are so TIRED of this. Can your front page talk about the doctors in South Africa telling mostly future gay and lesbian children they can change sex, putting them on a pathway to life-long medicalisation & STERILISATION
Source: TimesLIVE - 🏆 28. / 59 Read more »
Gupta associate and former Free State officials in the dock over Estina dairy projectGupta family associate and businessman Iqbal Sharma and three former Free State agriculture officials appeared in the Bloemfontein magistrate’s court on Thursday over the failed R288m Estina dairy project. My first experience happens to be a failure but i never gave up cause i knew it was going to work out for me trying continuously, fortunately i'm smiling today by getting involved with AmeliaMaveric
Source: SowetanLIVE - 🏆 13. / 63 Read more »