Zwane is accused No1 in Free State dairy farm case
Gupta brothers also face charges as first state capture case comes to court
Mineral Resources Minister Mosebenzi Zwane, the three Gupta brothers — Atul, Rajesh and Ajay — and their associates will be charged with money laundering in the next few weeks in what will become the first state capture case to be prosecuted. Zwane will be accused No1 for his role in a sophisticated and elaborate scheme that allegedly siphoned off R220-million meant to benefit poor farmers, to fund the Guptas' luxurious lifestyle. Atul, Rajesh and Ajay Gupta will be accused No2, 3 and 4, respectively. Other accused include former CEO of Gupta-owned Oakbay Nazeem Howa, Sahara Computers CEO Ashu Chawla, Oakbay CEO Ronica Ragavan, relative Varun Gupta and Kamal Vasram, the sole director of Estina, the company to which the R220-million was paid by the Free State government. News of the finalised indictment, which is sitting with NPA boss Shaun Abrahams, comes as it emerged this week that the family have been put under surveillance by international law enforcement agencies. Read the full...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.