Connect with us

Local

Confirmation of Sharma’s preservation order postponed

Published

on

Staff Reporter

The state will have to wait for at least three months to get a confirmation from court on the preservation order that allowed assets worth over R520 million owned by Iqbal Sharma and others to be seized in June this year.

The judge president of the Free State High Court, Cagney Musi, said the parties to the matter agreed to push the matter forward to allow everyone to submit responses before the matter is argued in court.

The matter will now be heard on November 18.

Investigating Directorate (ID) spokesperson Sindisiwe Seboka said the judge will however rule on who should represent one of the accused companies, Islandsite, as it is currently under business rescue.

“Judge president Musi has postponed the matter to next week when he will hand down judgment as to whether the directors of Islandsite have authority to represent their company while it is under business rescue and in the control of business rescue practitioners,” said Seboka.

She said the interim restraint order granted in June has been extended to November 18 when it will either be confirmed or set aside as requested by the Asset Forfeiture Unit of the ID.

The said assets belong to Sharma, his wife Tarina Patel, his company Nulane Investments 204 (Pty) Ltd as well as Islandsite Investments 180 (Pty) Ltd, owned by Atul and Rajesh Gupta and their wives, Chetali and Arti, respectively.

The other accused are the former head of the Free State Department of Agriculture and Rural Development, Mbana Peter Thabethe, his predecessor Limakatso Moorosi, the department’s former chief financial officer Sylvia Seipati Dhlamini and Sharma’s brother-in-law Dinesh Patel.

Sharma and his co-accused face criminal charges relating to a contract concluded between Nulane and the Free State Department of Agriculture in 2011 for which Nulane was paid R24.9 million for a feasibility study that it subcontracted to Deloitte for R1.5 million.

The study related to potential farming projects in the Free State that were to be funded under ‘Mohoma Mobung’, a provincial initiative for rural upliftment and job creation.

Nulane recommended an Indian company, Paras Dairy, for the Vrede dairy project now linked to the Estina fraud investigation.

The fraudulent proceeds of R24.9 million paid to Nulane by the department were transferred between Nulane and several companies, including Gupta entities Islandsite and Pragat Investments (Pty) Ltd, to allegedly launder the funds ultimately directed to the Gupta family.

Other funds that flowed between the companies as part of the money laundering transactions are presumed proceeds of unlawful activities in terms of the Prevention of Organised Crime Act. 

A second subcontract was concluded between Nulane and the UAE-based Gateway Limited, duplicating the one with Deloitte, in order to transfer R19 million offshore.

Gateway is linked to the Guptas.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.

Local

Mangaung warns residents to brace for heavy rainfall

Published

on

DISRUPTIVE DOWNPOUR LOOMING . . . Mangaung Metropolitan Municipality has warned heavy rainfall is expected to pound the capital

The Mangaung Metropolitan Municipality has warned residents in and around the Free State capital to brace for heavy rainfall that could cause flooding this Friday.

The municipality is urging drivers to take extra caution by reducing speed and switching their headlights on, while pedestrians are being reminded to be careful when crossing the road and to avoid crossing rivers and streams where water is above the ankles.

“Residents of Mangaung Metro, particularly in the former Naledi region, are urged to be cautious on the road and in their homes as the South African Weather Service has issued an impact-based warning . . . for possible disruptive rainfall,” the metro said in a statement.

“This warning is valid for Friday, 20 May 2022 until Saturday, 21 May 2022.”

“Heavy rains are also predicted in Bloemfontein on Friday,” it added.

“Localised flooding can be expected in susceptible low-lying areas, roads, formal/informal settlements and bridges.” – Staff Reporter

Continue Reading

Local

Mangaung speaker vows not to be silenced by charges

Published

on

DEFIANT . . . Mangaung council speaker Stefani Lockman-Naidoo

Mangaung council speaker Stefani Lockman-Naidoo has vowed not to stop fighting corruption in the metro after she was summoned to a disciplinary hearing set for next month for disobeying her party, the ANC, resulting in the axing and suspension of senior officials in the municipality.

The ANC Mangaung Interim Regional Committee (IRC) has summoned her to a disciplinary hearing on June 7 to answer to charges of knowingly and intentionally defying a resolution of the ANC Caucus in council after she allowed a motion to be debated without referring it to party structures in the council.

Lockman-Naidoo’s tiff with her party dates back to January when the Mangaung IRC announced her suspension after she was accused of defying the ANC’s instruction no to proceed with a sitting which resulted in then acting city manager Sello More being removed from office.

The Mangaung speaker also told The Free Stater on Thursday that she was being targeted for presiding over a recent council sitting that resolved to suspend several allegedly corrupt officials in the municipality.

“We are being charged for suspending a corrupt HOD (head of department),” said Lockman-Naidoo, referring to David Nkaiseng who heads corporate services.

A council meeting held on May 12 – after receiving an investigation report from Matlho Attorneys – resolved, among others, to bring charges against Nkaiseng for his alleged role in unlawfully appointing the officials resulting in the flouting of municipal policy of appointment of officials as well as flouting municipal staff regulations and the code of conduct for municipal officials.

“We are being targeted because we are purging these corrupt officials of Mangaung,” charged Lockman-Naidoo.

“I will not tolerate any corruption . . . Wherever I go I will be known as that speaker that didn’t tolerate corruption,” she added confidently.

The speaker was however quick to point out that those charging her had no authority to do so.

“But you see, the charges are not from the ANC because they didn’t ask for permission from the provincial coordinator (Paseka Nompondo) to charge us,” she said.

“The region itself is an illegitimate structure. Its term has expired and these are just factions . . .

“It’s a faction of the region that is charging us – it’s not the ANC.

“They are the ones that are purging us because we are not part of their faction.

“This is what’s going on. They don’t tolerate me.”

Lockman-Naidoo claimed the faction was not happy with the suspension of the HOD.

“The council resolution . . . says several criminal charges must be opened against the HOD himself and relevant officials,” she said.

“And I’m wrong for suspending a person like that?

“I don’t mind being charged at all because we did the right thing as council.

“They are saying . . . they are charging us because I allowed the item to sit in council.

“It’s not my item – it’s a council item. I couldn’t remove it. There was nothing I could do.”

Council also resolved that Nzimeni Maswabi be charged by acting city manager for his role in approving unlawful staff appointments.

It also wants Thabang Joseph Mpeli to be charged for his role in the drafting of unlawful appointment letters.

However, ANC Mangaung IRC spokesperson Ncamisa Ngxangisa has dismissed Lockman-Naidoo’s claims saying the party was not targeting anyone but it simply wanted to put its house in order.

In a separate interview, Ngxangisa said there were concerns some councillors could be working with the opposition, hence the probe.

“We are not targeting individuals. We are dealing with members of the ANC who happen to be councillors in this regard,” he told The Free Stater.

“This is after we received concerns that there could be some members who are voting with the opposition, against the position of the caucus of the ANC in that municipality.

“We took everything as it is, and referred the matter to our sub-committee that deals with issues of discipline so that they inquire into all these allegations levelled against all these comrades.

“But at the same time, it gives these comrades an opportunity to respond or query any evidence that may be presented against them.”

Ngxangisa said every organisation implements disciplinary processes when something goes wrong and the ANC was only exercising its right to do so.

“We are a political party, we contest elections,” he said.

“We are relying on our councillors to make sure that our policy position and decisions find expression in that council.

“If there are allegations that such is not happening, any self-loving political party will stand up and do something about it.

“These accusations are neither here nor there – no one is targeted.

“There are concerns that the centre is not holding in that municipality.

“Our caucus through the chief whip is not given enough support by our councillors and there are such allegations.

“That’s a cause for serious concern which must be attended to so that the ANC can at least enjoy its majority in that municipality.”

The Mangaung IRC spokesperson emphasised that the ANC was firmly against any corrupt activities but indicated that councillors were expected to represent the interests of the party and not their own.

“When we say all councillors must toe this line, we expect everyone to toe that line. Anyone who goes astray is a concern to us,” he said.  – Staff Reporter

Continue Reading

Local

Centlec warns cable theft masterminds

Published

on

STOLEN . . . Part of the copper cable recovered by the police

Power distribution company Centlec has issued a stern warning to people believed to be hired by unknown individuals or syndicates to steal copper cables from the power lines saying it will not allow them to destroy such key infrastructure and put the country’s economy at risk.

“This is war and we will fight it tooth and nail,” said Centlec in a statement.

“We want to send a strong message to the criminals and their handlers that we will not rest until they are behind bars,” added the company, which distributes electricity to Mangaung and surrounding municipalities.

It said it is aware that most of the criminals are just fronts who are sent by kingpins who then process the copper before selling it.

Centlec warned the kingpins that they would soon face the full might of the law.

“Some of the fronts happen to be vulnerable foreign nationals who are being used to steal our cables by their handlers,” said the company.

A joint operation by Centlec and the police in recent weeks has led to several arrests and the recovery of hundreds of kilogrammes of copper cable destined for scrapyards.

In the latest three incidents, a man was arrested in Botshabelo after being found in possession of copper cable believed to have been stolen.

Several people were also arrested following inspections at two scrapyards in Botshabelo where large amounts of copper were found.

At a scrapyard in Bloemfontein, a man was issued with a fine after he was found with copper weighing 150kg which he failed to account for.

Investigations are still underway to ascertain the real owner of the scrapyard for possible arrest.

“We are worried that many of these scrapyards are becoming a haven for criminals and promoting criminality,” said Centlec chief executive officer Malefane Sekoboto. – Staff Reporter

Continue Reading
Advertisement

Trending

Copyright © 2022. The Free Stater. All Rights Reserved