The National Prosecuting Authority (NPA) is poised to serve preservation orders on Gupta-linked Trillian and global consultancy McKinsey. However‚ the NPA has denied that it is planning to seize Gupta assets on Tuesday‚ contrary to media reports late on Monday. The preservation orders are for assets to the value of R1.6bn‚ in relation to work both companies did for state-owned power utility Eskom and were approved by NPA director Shaun Abrahams. Suspended head of legal compliance for Eskom, Suzanne Daniels, issued letters of demand to McKinsey and Trillian in October‚ also to the value of R1.6bn — the amount collectively paid to both. According to NPA spokesman Luvuyo Mfaku the application was received on December 14. “The papers were supposed to be served tomorrow and then we would have communicated after they were served.” According to Mfaku after the orders were served‚ Trillian and McKinsey would have 90 days to defend them. The onus would be on the companies to prove how they l...

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