Gupta-owned company – Islandsite Investments co-director Ronica Ragavan and other accused in the Nulane Investment deal case are expected to appear in the Bloemfontein Regional Court on Friday morning.
The case relates to procurement fraud involving R24.9 million that the Free State Department of Agriculture paid to Nulane Investment.
The money was paid between November 2011 and April 2012 for a feasibility study on potential farming projects in the Free State.
The accused include former Transnet Board member Iqbal Sharma, Nulane Investment employee Dinesh Patel, former Free State head of Department for Rural Development – Peter Thabethe, former head of Free State Department of Agriculture – Limakatso Moorosi, and former Chief Financial Officer in the department – Seipati Dhlamini.
They are facing charges of fraud and money laundering.
Gupta-linked company in fraud and corruption case:
