Fifth accused in R25m Vrede dairy farm feasibility study matter granted bail

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The feasibility study was awarded to Nulane Investments but the work was done by Deloitte for R1.5 million and Sharma and the Guptas allegedly pocketed the rest of the money.

JOHANNESBURG - The fifth accused in the R25 million Vrede dairy farm feasibility study case, Dinesh Patel, has been granted R10,000 bail by the Bloemfontein Magistrates Court.

He did not appear with the first four suspects last week due to ill health but he was finally charged with fraud and money laundering on Tuesday.The Vrede dairy farm feasibility study was awarded to Sharma's Nulane Investments but the work was done by Deloitte for R1.5 million, while Sharma and the Guptas allegedly pocketed the rest of the money.

 

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