OUTA WINS FREEZE ON GUPTA MINE REHAB FUNDS AT BANK OF BARODA

The Organisation Undoing Tax Abuse (OUTA) won an urgent interim interdict in the Pretoria High Court against the Bank of Baroda, freezing R1.75 billion in the Gupta-owned Optimum and Koornfontein coal mines’ rehabilitation trust fund accounts. “This is another sweet victory for South Africa, with the prevention of Gupta mining trust accounts worth at least […]
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Eskom warns of winter power cuts – unless Treasury signs new coal deals with Gupta owned company

Eskom chairman Ben Ngubane has warned that South Africans can expect power cuts this winter unless the National Treasury urgently signs purchase agreements so Eskom can build up its coal reserves, according to a report by TimesLive. Speaking at the sidelines of African Utility Week conference at the Cape Town International Convention Centre, Ngubane noted […]
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