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State capture: NPA goes after shares

FOLLOWING the recommendations of the State Capture Commission, the National Prosecuting Authority (NPA) lodged a forfeiture application for Gupta shares in the Optimum Coal Mine and Optimum Coal Terminal. ....

South-africa , Tshwane , Limpopo , South-african , Ouma-rabaji-rasethaba , Ajay-gupta , Kamal-singhala , Sindisiwe-seboka , Daniel-mcgowan , National-prosecuting-authority , Zondo-commission , State-capture-commission

Tegeta acquired Optimum Coal Mine 'through succession...

The NPA lodged an application on Friday seeking a preservation order for the attachment of all of Tegeta's shares in Optimum Coal Mine (OCM) and Optimum Coal Terminal (OCT). The NPA lodged an application on Friday seeking a preservation order for the attachment of all of Tegeta's shares in Opti. ....

South-africa , Gauteng , Dubai , Dubayy , United-arab-emirates , Pretoria , South-african , Ouma-rabaji-rasethaba , Ajay-gupta , Ashu-chawla , Matthew-chaskalson , Daniel-mcgowan

NPA looking to sell multi-billion rand Optimum coal mine to recoup State Capture funds

The NPA says this is one of the many ways that the they are seeking to recoup proceeds of state capture as recommended in the Zondo Commission Report on State Capture. ....

South-africa , Gauteng , Dubai , Dubayy , United-arab-emirates , Pretoria , South-african , Ouma-rabaji-rasethaba , Ajay-gupta , Kamal-singhala , Sindisiwe-seboka , Daniel-mcgowan