Johannesburg – The National Prosecuting Authority (NPA)’s Director wants all assets of Gupta owned Optimum mine frozen.
This will effectively block the sale of the mine.
The ID is trying to recover funds allegedly stolen by the controversial Gupta family.
It has filed two separate court applications to preserve all Tageta’s shares in Optimum Coal Mine as well as the company’s shares in Optical Coal Terminal.
The ID says it has evidence that these assets are proceeds of crimes perpetrated against state-owned enterprises, including Transnet and Eskom.
Its second application is brought against an international investment firm with links to the Guptas.
The Directorate said it believes the Gupta family used the company to allegedly siphon funds out of the country.
It’s seeking to have the funds forfeited to the State.
The High Court in Gauteng will hear this application in March next year.
