NPA succeeds in restraining R1.05bn from Gupta-linked Regiments Capital

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South Africa Headlines News

The high court in Johannesburg on Tuesday upheld an appeal by the National Prosecuting Authority’s investigating directorate (ID) to restrain the assets of Regiments Capital to the value of more than R1bn.

The interim restraint initially awarded in favour of the ID in November 2019 was discharged in October 2020 on grounds of failing to disclose material information about the company.

However, due regard should be taken to the repayment which Regiments has made to the Transnet Second Defined Benefit fund in the amount of R639m. This then takes the total of restrained assets to R1.05bn.

Source: Law Daily Report (lawdailyreport.net)

 

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And the rest of the trillion?

Now we're going to unseal the CR17 nee

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