Atul Gupta is getting his money back: R10 million bank account unfrozen

Atul Gupta is getting his money back: R10 million bank account unfrozen

Atul Gupta would be getting his money back after the High Curt granted his application to unfreeze his bank account containing R10 million.

PAY ATTENTION: Click "See first" under the "Following" tab to see Briefly news on your News Feed! gathered the R10 million Atul reportedly received from the Estina dairy farm scandal was ordered to be paid back into his personal bank account.

The verdict was given on Friday afternoon by judge Fouche Jordaan, Eyewitness News reported.

“The amount in paragraph 1.2 in order is amended by substituting the amount of R436,154,098 in place of the amount of R250,202,652.”, Jordaan said.

The controversial Gupta family has been the centre of the State Capture investigation for their inclusion in numerous corruption cases, including the stealing of over R200 million in the Free State dairy farm project.

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According to the NPA, the Guptas managed to pull of an elaborate money laundering network with aid from the Bank of Baroda.

Thus, the authority managed to get a preservation order to seize money linked to the Guptas and the dairy farm project.

However, the order has also been amended. The Asset Forfeiture Unit wanted R220 million of the Guptas assets preserved, which has now been changed to only R40 million.

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