Hawks confirm raid at Gupta residence

Solarion

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Nov 14, 2012
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They have the Feds and Interpol after them. The Guptas are so far up **** creek they are now paddling into unexplored territory.
 

f2wohf

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Apr 15, 2014
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Apparently, Bank of Baroda (who has also been left bleeding money by the Guptas) is ready to collaborate:

Peter Hain

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@PeterHain
8m8 minutes ago
More Peter Hain Retweeted Peter Hain
Important @bankofbaroda offers full cooperation to @PhilipHammondUK @hmtreasury @TheFCA to return stolen billions Rand to @CyrilRamaphosa for SA taxpayers @ACTSA_UK @alechogg

https://twitter.com/PeterHain/status/968859269817884672
 

thechamp

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Hawks to target assets worth R250m in Vrede dairy farm case

The National Prosecuting Authority (NPA) has obtained a restraint order for the amount of R250-million against those charged in relation to the Estina diary project in Vrede in the Free State. Among those targeted in the order are Gupta-owned Oakbay Investments‚ Islandsite Investments 180‚ Confidents Concept and Sahara Computers. The order allows the NPA to target immovable property‚ including residential and business premises and farms‚ as well as two aircrafts‚ a helicopter‚ vehicles and bank accounts.

NPA spokeswoman Bulelwa Makeke confirmed that Monday’s raids on the Gupta compound – which TimesLIVE understands will move on to Lanseria Airport – were linked to this court order. The authority said in a statement on Monday that the order was obtained on April 11 in the Bloemfontein High Court. It allows them to recover R250.2-million in assets from individuals and companies allegedly involved in theft‚ fraud and money laundering. This is a provisional amount pending the criminal trial and convictions.

https://www.timeslive.co.za/news/south-africa/2018-04-16-hawks-to-target-assets-worth-r250m-in-vrede-dairy-farm-case/
 
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schumi

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Inside the #GuptaRaid


Johannesburg - Luxury cars, two aircraft, a helicopter, farms and bank accounts are some of the controversial Guptas’ valuables, worth more than R250 million, that the Asset Forfeiture Unit is looking to impound.

The AFU on Monday descended on the embattled Guptas’ luxury Saxonwold compound in Joburg, armed with a restraint order to seize the family’s multimillion-rand assets.

The seizure relates to the case of fraud, theft and money laundering that allegedly occurred at the Vrede Dairy Project in the Free State, which the three Gupta brothers are believed to have looted, using their connections within the government.
More at: https://www.iol.co.za/the-star/news/inside-the-guptaraid-14484351
 

ambroseg1

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Worth more than R250m? Arent the AFU only supposed to seize assets up to the amount allegedly stolen? which is like R220m?
 
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