Bail conditions for Gupta-linked fraud accused relaxed - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Gupta-linked fraud accused, Kubentheran Moodley’s bail conditions were relaxed by the Palm Ridge Magistrate’s Court on Monday morning.

Moodley made a brief appearance at the Specialised Commercial Crimes court, his new bail conditions allow for him to move within the borders of the country and only report to a police station once a week

The alleged offences were committed between 2012 and 2017. Moodley was granted bail of R150 000 in September 2021.The money laundering charges relate to the proceeds received into two Albatime business bank accounts, one held at ABSA and the other at the Bank of Baroda, from contracts allegedly improperly awarded by Transnet to Regiments Capital and Gupta linked Trillian.

 

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