Business rescue practitioners in bid to regain control of R3.4bn of Gupta mine's assets | Business

The business rescue practitioners of Optimum Coal Mine have launched a daring bid to wrestle control of R3.4 billion worth of the mine's preserved assets from a curator appointed by the courts.– the biggest in the National Prosecuting Authority's history – for the Gupta family's Tegeta's shares in the mine, its day-to-day operations, and Optimum Coal Terminal .

The order also made provisions for the appointment of a curator to care for the assets pending the start and finalisation of asset forfeiture proceedings.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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