Gupta associates' fraud case transferred to High Court
The NPA's R107.5m corruption case against Gupta stalwart Ronica Ragavan and other associates has been postponed to 1 November and transferred to the Gauteng High Court (Johannesburg), reports Fin24.
In May, Ragavan, the former Tegeta exploration and resources director, and other associates of the notorious Gupta family, were arrested and appeared in the Randburg Magistrate's Court on 11 charges relating to the rehabilitation funds of the Optimum and Koornfontein coal mines.
The accused in the matter are Ragavan, former deputy director-general in the Department of Mineral Resources Joel Raphela, and former trustee of Optimum Coal Mine, Pushpaveni Govender.
The companies are Koornfontein Mine, Tegeta Exploration and Resources and Optimum Coal Mine.
The accused have been indicted on charges of fraud, forgery, uttering, perjury and money laundering, in connection with the signing off and illegal utilisation of R107.5m for mine rehabilitation funds for the mine trust accounts in 2016.
Article disclaimer: While we have made every effort to ensure the accuracy of this article, it is not intended to provide final legal advice as facts and situations will differ from case to case, and therefore specific legal advice should be sought with a lawyer.
