Gupta-linked assets to be seized
Updated | By Nathan Daniels
The National Prosecuting Authority's (NPA) has obtained an order against Gupta-linked companies freezing their assets.
The NPA's Asset Forfeiture Unit secured a preservative order prohibiting companies Trillian and McKinsey from selling assets.
NPA spokesperson Luvuyo Mfaku says the order was granted in December and will be served on Tuesday morning.
"The order is to freeze assets worth R1.6 billion. The firms have 90 days to show contracts with Eskom were lawfully awarded."
In October, Eskom started proceedings to recover funds allegedly unlawfully paid to the Gupta-linked companies.
ALSO READ: Eskom to recover 1.6bn from McKinsey, Trillian
The power utility's Khulu Phasiwe told Jacaranda FM News that it sought McKinsey and Trillian's cooperation in respectively returning R1 billion and R564 million.
"The preliminary indications of the investigation that Eskom has done, is that the money was paid unlawfully and as a result were are in the process of recovering the money.
"Some of the people who were involved in the payments of this money have already been suspended and disciplinary measures will be taken in due course."
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