High Court expected to deliver judgment on whether or not to have restraint order application on Gupta assets postponed - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The Gupta owned company, Islandsite Investments says it has approached the Supreme Court of appeal in Bloemfontein in a bid to overturn the decision of the High Court on the legal representation of the Islandsite.

The National Prosecuting Authority’s Investigating Directorate wants the Gupta assets and those of the Gupta family business associate, Iqbal Sharma to remain in the state custody.The case relates to R 24.9 million that the Free State Agriculture Department paid for a feasibility study for potential farming projects in the province.

The R24.9 million was paid to Nulane to conduct a feasibility study for the Free State’s flagship project Mohoma Mobung, on the basis that Nulane had unique skills to perform the work. The former government officials are also charged with contravention of the Public Finance Management Act. The group is charged together with two companies Nulane Investments and Islandsite.

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