NPA SEEKS RECOGNITION IN DUBAI TO TRACE R189M IN ESTINA FARM CASE

PRETORIA – The National Prosecuting Authority (NPA) says it’s in the process of applying to be recognised by the authorities in Dubai regarding a court order to trace R189 million linked to the Estina Dairy Farm project.

In March the Assets Forfeiture Unit obtained the order.

However last week, the NPA was dealt a big blow when the High Court in Bloemfontein set aside a R250 million preservation order it had obtained against several Gupta-linked companies, their directors, as well as three Free State government officials.

The NPA’s Phaladi Shuping said the investigations revealed R189 million paid to the Estina Dairy Farm project was moved offshore.

“The movement of the money shows that it’s money that was apparently transferred into an account of a company in Dubai.”

Shuping said the executing of the order has been delayed.

“The appointed curator will have to apply for recognition in Dubai before he can effect that application.”

Shuping could not say how long the process would take, as last week order by the court was seen as a set back for NPA and their case against the Gupta’s.

Photo Credit- ewn

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