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The Industrial Development Corporation has signed off on a payment from an unfamiliar third party, and is banking on court order for guarantees against losses it may suffer should law enforcement try to seize the money once it lands.
Suspicion over source of funds causes the IDC to dig in its heels over R300-million payment offer from Oakbay Resources, even though lawyers are adamant the cash is kosher and not the proceeds of crime.
Vasco De Oliveira Attorneys' exit from Guptas’ legal battle against IDC fuels speculation they may be battling to finance litigation battles.
She was top management, juggled paperwork for everything from the acquisition of coal mines, insurance for a jet and a million-dollar Dubai/New York transfer right down to event décor and the Merlot and Sauvignon Blanc orders. Proxy, PA or CEO, Ronica Ragavan is aide extraordinaire, a Gupta li...
Themba ‘For My Country’ Maseko was the hero resister.