South African police have issued an arrest warrant for former President Jacob Zuma’s associate Ajay Gupta.

It is reported that Ajay Gupta is a “fugitive from justice”after failing to hand himself in to South African police.

Meanwhile, seven accused in the alleged multi-million-rand Estina dairy project in Vrede in the Free State have been released on bail by the Bloemfontein Regional Court.

Former Oakbay CEO Nazeem Howa and current Oakbay acting CEO Ronica Raghavan, Gupta nephew Varun Gupta and Sahara Computers CEO Ashu Chawla have each been granted R200 000 bail.

Free State Agriculture HOD Peter Thabethe and CFO Takisi Masiteng and former CFO Seipati Dlamini who is now chief of staff at the Mineral Resources Department are out on R10 000 bail each.

They face charges of fraud, money laundering, contravening a section of the Public Finance Management Act as well as the Companies Act.

The case has been postponed to August 17.

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