PRETORIA, September 26 (ANA) – The Organisation Undoing Tax Abuse (Outa) on Tuesday, won an interim order in the High Court in Pretoria freezing around R1.75 billion in rehabilitation trust fund accounts held by the Bank of Baroda for the Gupta-run Koornfontein and Optimum coal mines.
“This is another sweet victory for South Africa, with the prevention of Gupta mining trust accounts worth at least R1.75 billion from leaving our shores or being plundered by the Guptas,” said Ben Theron, Outa chief operating officer.
“But the fight is far from over as we want to ensure that the Gupta family and those responsible for state capture are held accountable.”
Outa claimed the rehabilitation funds were illegally used by the Guptas to repay loans instead of managing the environmental damage caused by mining activities — the only legal purpose the funds could be used for.
“Pending the final outcome of the interdict, we will pursue these individuals and hold them accountable for their misconduct,” Theron said.
– African News Agency (ANA)
