Finweek English Edition - - The Week -

The Or­gan­i­sa­tion Un­do­ing Tax Abuse (Outa) won an ur­gent in­terim in­ter­dict in the North Gaut­eng High Court on 26 Septem­ber, forc­ing the Bank of Bar­oda to freeze R1.75bn in mine re­ha­bil­i­ta­tion funds from the Gup­taowned Op­ti­mum and Koorn­fontein coal mines. “This is an­other sweet vic­tory for South Africa, with the pre­ven­tion of Gupta min­ing trust ac­counts worth at least R1.75bn from leav­ing our shores or be­ing plun­dered by the Gup­tas,” Outa’s chief op­er­at­ing of­fi­cer, Ben Theron, said in a state­ment. “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.”

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