The National Prosecuting Authority is ready to act on state capture crimes but whether it has the ability to do so has been questioned
The state charges that Iqbal Sharma’s firm massively defrauded the state and R19 million was laundered into a UAE account controlled by a family friend
The Free State high court ruled that the provisional restraint order will remain in place until late October, when argument will be heard for it to be made indefinite, dismissing Oakbay’s application for a postponement
In 2016, Prinsloo sounded the alarm about the hazardous condition of the Blue Train and free trips being offered to friends of Transnet executives, including the Gupta family and Duduzane Zuma.
The Investigating Directorate has filed an application worth R2-billion that could see the mine, the shares Tegeta holds plus debt intended to be converted into a majority stake in the mine
The criminal prosecution and lawful dissolution of the ANC are not only morally desirable but legally justifiable too
A new application is able to detect auto-generated tweets independent of the language used relying on machine learning
During his testimony, Mzwanele Manyi told the commission that Williams had changed her position on the controversial business breakfast briefings
‘Two years later, it is still quite a marvel to understand how deep the Guptas’ network ran’
Though the ANC did not attempt to browbeat Nedbank into reversing its decision, ‘veiled threats’ were made to the bank at a subsequent meeting.
Johan Burger’s testimony dealt with attempts by the ANC and government to intervene in the closure of the accounts
In 2016, Absa, FNB, Nedbank and Sasfin unexpectedly cut ties with Gupta-owned businesses and shut down their bank accounts.
A company linked to the family initiated a drawing competition in the North West where pupils designed invitations for the lavish wedding
The negative perception of its previous owners, the Guptas, persisted which also negatively impacted the company’s financials, Manyi explained
Luxury vehicles, immovable properties and bank accounts were some of the assets which were subject to the provisional restraint order
The ruling came after EDC and Stoneriver approached the court with an urgent application earlier in March asking it to ground the aircraft
Gupta brother’s bank account frozen to recover R220-million.
‘The entire, vast, expensive edifice of surveillance and control failed’
With no access to banking, the family is heading into a financial storm. But it has a few lifeboats yet
The judge was scathing when he rejected the family’s bid to force the Bank of Baroda’s arm
Mystery shrouds the buyer of Tegeta, as the coal firm’s BEE credentials also come under scrutiny
The new owner of the Guptas’ media assets may have his financial affairs closely watched
On July 24, the Gupta-owned company will delist after a long illness. Rest in pieces
Bell Pottinger announced three months ago that it had decided to cease work for Oakbay Capital after working for them for a year.
By the end of last week the company had found R37.5-million to make a loan instalment payment to the state-owned Industrial Development Corporation.
Sahara Holdings has filed papers seeking an order that Finance Minister Pravin Gordhan must pay legal costs from his own pocket.
Oakbay Investments, the controversial family’s main holding company, said it wasn’t aware that Baroda would close its accounts.
Some media houses were targeted in what appeared to be a Twitter campaign against Finance Minister Pravin Gordhan last week.
The Financial Intelligence Centre in August listed 72 suspicious transactions spanning about four years.
Given the resource and time constraints placed on the Public Protector, some issues were earmarked for investigation at a later date.
The finance minister made 72 transactions public and a lot of dirty washing could now be aired.
The family’s lawyers said the finance minister’s court affidavit will be ‘dealt with in full’.