Ace Magashule's son evicted from Gupta property
One of the business rescue practitioners dealing with the Gupta assets, Bouwer van Niekerk, has reportedly told the Mail & Guardian that one of the biggest problems they faced was the eviction of occupants in Gupta houses, one of them being Tshepiso Magashule, son of ANC secretary-general Ace Magashule.
Van Niekerk also said that the Guptas have attempted to get the business rescue practitioners removed, as they are resisting their properties being sold.
‘They (Gupta associates) are raising what we believe are frivolous issues regarding the sale of these properties and many of them have occupants there. Until very recently one of the properties was occupied by (Tshepiso) Magashule. It became clear … that the business practitioners are not there to do the Guptas’ bidding and it appears to have upset them mightily,’ said Van Niekerk.
John Taylor, another business rescue practitioner, said he could not provide details but confirmed that they had sold some properties.
‘We would like to sell other properties but we can’t get access to them. Either there is a tenant in it or there is security or caretaker and as of now they won’t give us access.’
The Saxonwold house Tshepiso was evicted from is one of many Gupta properties up for sale. It was bought through Confident Concepts – one of the family’s companies – in 2011.
The company was registered in 2006 and its directors included Atul Gupta, Tony Gupta, and his wife Arti, among others.
This company, now under business rescue, accumulated properties worth more than R100m.
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