Former Gupta mine makes moves
Optimum was owned by former president Jacob Zuma’s friends, the Guptas.
Source: snl24.com
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RBCT reopens coal exports to Optimum Coal
The first shipments are likely in April following an agreement between the two parties.
Source: moneyweb.co.za
Gupta-linked Optimum mine deal shows just how weak the NPA is
The UAE has stiffed the National Prosecuting Authority again, forcing it to cut a deal over the future of the Optimum mine. This comes as a former Gupta crony is threatening to pull the Gupta grand conspiracy case apart. The UAE has stiffed the National Prosecuting Authority again, forcing it t...
Source: dailymaverick.co.za
High court seals National Prosecuting Authority's R500m Optimum Coal forfeiture settlement deal
The order marks the end of the NPA’s case to seize Optimum assets on the grounds that the Gupta-owned Tegeta Resources bought it with the proceeds of crime in 2016.
Source: dailymaverick.co.za
NPA strikes forfeiture deal to end Gupta-linked Optimum Coal wars
A cash settlement with former Gupta business associate’s Templar Capital and Liberty Coal has the backing of creditors, labour and business rescuers. A cash settlement with former Gupta business associates Templar Capital and Liberty Coal has the backing of creditors, labour and business rescue...
Source: dailymaverick.co.za