Co-director of Gupta company Islandsite Investments Pty Ltd, Ronica Ragavan, was arrested Friday morning, the National Prosecutor’s Investigation Directorate (ID) said.
ID spokesman Sindisiwe Seboka said Ragavan had been processed and appeared in Bloemfontein District Court on Friday morning.
Islandsite Investments Pty and Ragavan were added to the failed Estina Dairy Feasibility case study at an earlier court hearing on September 28th. Ragavan did not appear in court on medical grounds.
Ragavan will join former Transnet board member Iqbal Sharma, Nulane Investments 204 employee, Dinesh Patel, former head of Peter Free State’s Ministry of Rural Development Thabethe, former head of the Ministry of Agriculture of Limakatso Moorosi Free State and former CFO of the department, Seipati Dhlamini, all of whom appeared with their lawyers during a virtual hearing on Friday morning.
They are charged with fraud and money laundering.
The former government officials are also charged with violating the Public Finance Management Act.
The case relates to a procurement fraud in which the Free State’s Department of Agriculture $ 24.9 million. ZAR has paid to Nulane Investments.
Nulane Investments has been carried out a feasibility study by the government of the Free State was given to test the likelihood of success of the Mohoma Mobung agricultural project.
However, Nulane Investments had no staff on the books and hired Deloitte to prepare the report.
Deloitte received 1.5 Million rand for the work.
The only change to the Deloitte report was to identify the Paras dairy as a suitable implementing partner. for the development of a dairy processing facility in Vrede, Free State.
In July, ID said efforts to bring the Gupta brothers and their wives back to prosecution had been intensified, and Interpol posted red ads for their arrests .
Atul Gupta and his wife Chetali, Rajesh Gupta and his wife Arti and three others are said to join the other defendants.