The Free State High Court in Bloemfontein has postponed the Nulane investment matter to September 8 for another case management session.The Free State High Court on Friday postponed the R24.9m Nulane Investment fraud and money laundering case until September 8Investigating Directorate spokesperson Sindisiwe Seboka said the case management session is to finalise outstanding procedures ahead of the trial scheduled for next year from January 23 to March 3.
The matter pertains to procurement fraud involving R24.9m paid between November 2011 and April 2012 by the Free State department of agriculture to Nulane Investments, a company owned and controlled by Iqbal Sharma.The R24.9m was paid to Nulane purportedly to conduct a feasibility study for the Free State’s flagship Mohoma Mobung project on the basis that Nulane had unique skills to perform the work.
The accused in the matter are Ronica Ragavan. former Transnet Board member Iqbal Sharma, former Free State head of department for Rrural development Peter Thabethe and former FSDoA CFO Seipati Dhlamini.“This is one of the key state capture-related matters that have been before the court since June 2021 and it is an important milestone that the pretrial court appearance coincides with the final instalment of the Zondo commission report,” Seboka said.
Seboka said the case reflects the significant work the ID has already done in some of these key state capture mattersREAD MORE
perhaps we won't be treated to another introduction to legal practise by the Gupta's team
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
British International Investment plans $200mln investment in Africa hydropowerThe UK government's development finance institution British International Investment plans to invest $200mln in a joint project with Norway's Norfund to construct at least three hydroelectric power projects in Africa. You're indeed a great man.I assure you that I will bring more clients to you because of what you've done in my life, I promise to let the word know about your company investment.Your work speaks volumes of the kind of man you are, Thank you so much for the profit MarcusJailson5
Source: SowetanLIVE - 🏆 13. / 63 Read more »
DINNER PARTY INTEL: Handy investmentDon’t believe all the investment gossip in times of high inflation, warns Credit Suisse chief investment officer I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.
Source: FinancialMail - 🏆 20. / 63 Read more »
DINNER PARTY INTEL: Handy investmentDon’t believe all the investment gossip in times of high inflation, warns Credit Suisse chief investment officer
Source: FinancialMail - 🏆 20. / 63 Read more »