,

Gupta Saxonwold Compound Just Got Raided (Video)


The Asset Forfeiture Unit (AFU), South African Revenue Service (Sars) and the South African Police Service (Saps) have attacked the Gupta compound in Saxonwold on Monday.

Officials served a search and seizure order at the Johannesburg home.

The raid is reportedly linked to the Vrede dairy farm case.

Public Protector Busisiwe Mkhwebane last year found the Free State Agriculture Department did not improperly enter into a public/private partnership.

She did however find the department flouted procedural rules.

The farm was meant to benefit black farmers, but was instead used to syphon funds from the state.

“On 11 April 2017, NPA (Asset Forfeiture Unit) obtained a restraint order at the Bloemfontein High Court in the amount of R250,202,652.00 against the assets of several individuals and entities who were implicated in the offences of theft, fraud and money laundering, in respect of the Vrede dairy project: Estina matter,” News24 said, quoting the National Prosecuting Authority.

Loading...

Leave a Reply

Your email address will not be published. Required fields are marked *