Atul Gupta files urgent application to prevent his bank account from being frozen
Atul Gupta has filed an urgent court application to challenge the National Prosecuting Authority’s (NPA’s) forfeiture unit from freezing R10m in his bank account. NPA spokesperson Luvuyo Mfaku confirmed to TimesLIVE that they had received Gupta’s court papers. In a court document published on Twitter‚ Gupta says: "I wish to state at the outset that I am currently outside SA." The Hawks are on the record as saying that they are looking for both Ajay and Atul Gupta after raiding their home in Saxonwold last week. Ajay Gupta has officially been declared a fugitive. The Times of India reported that he attended a wedding in India last week but his whereabouts this week are unknown. A reward has been offered by private citizens to find the Gupta brothers. The R10m in question that has been frozen by the Asset Forfeiture Unit relates to the Estina dairy project in Vrede‚ Free State. About R220m meant to benefit poor farmers was allegedly siphoned off from Estina to the Guptas and others. T...
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.