NPA in court in attempt to keep Gupta assets
The NPA's Investigating Directorate is set to turn to the Bloemfontein High Court on Thursday as it battles to retain assets belonging to the Guptas and their associates.
The ID was granted an interim order in June 2021 which froze assets belonging to the Gupta family.
The order applies to Gupta's assets in South Africa, which include all property of Islandsite, Sharma and his wife Tarina Patel-Sharma, and any property held by Sharma’s companies.
This includes two houses registered in the UAE.
Arguments will be heard on Thursday and Friday.
Investigating Directorate spokesperson Sindisiwe Seboka says Sharma’s assets include his Sandton home valued at over R12 million.
"The property was featured on lifestyle television programme, Top Billing, and is owned through a UAE-registered company, Issar Global. Other assets include movable property valued at R500 000 and a R1.3 million sectional title home in Sandton," says Seboka.
The Gupta properties include a house worth R21m in Constantia near Cape Town and a R12m house in Saxonwold.
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