Luxurious vehicles, immovable properties and bank accounts among some items listed in R250m Vrede restraint order
17 April 2018
Luxurious vehicles, immovable properties and bank accounts are some of the assets which are subject to provisional a restraint order which the Asset Forfeiture Unit (AFU) obtained in the case against eight people accused of fraud and other charges in the multimillion-rand Estina dairy farm project.
The AFU obtained the order, which targets assets to the tune of more than R250m, in the Free State High Court in Bloemfontein after the Hawks arrested the eight people.
They were arrested during raids in February, including at their compound in Saxonwold and their offices in Sandton.
They are Estina director Kamal Vasram, former directors at the Gupta's holding company Oakbay - Varun Gupta, Ronica Ragavan, Nazeem Howa and Ashu Chawla - and Free State officials Peter Thabethe, Sylvia Dlamini and Takisi Masiteng.