Former Gupta associate may take over Optimum, court hears | Citypress

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TOP READ | Former Gupta associate may take over Optimum, court hears

A business rescue plan for Optimum Coal Mine is actually a smokescreen for the takeover of the mine by a former partner of the Gupta family.

This is argued in an urgent court case that has been brought to thwart the business rescuers’ plan to transfer ownership of the mine to Liberty Coal. At the time the company was incorporated in 2020, Daniel McGowan was its sole director. Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. You can cancel any time.

 

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