Oct 27 2016barloworld equipmenthad threatened theguptafamilys recently acquired optimumcoal minewith liquidation claiming it is owed money for goods and services the multinational company said it
Nov 05 2019 these include eskom transnet oakbay resources and energy imperial crown trading duvha power station where theguptaswere accused of a rigged tendering process by ge denel the guptas utilized the pr firm bell pottinger who caught altering wikipedia and social media to be favorable to the guptas mckinsey and eskom and trillion
Guptacoal corporation limited made a fresh start in the year 2001 by wandering into the matter of coal beatification through its autonomous substance guptaglobal resources pvt ltd directly theguptacoalfields washeries company has 12 stateoftheworkmanship coalminingunder its crease in the condition of maharashtra and so forth having all out beatification limit of 375 mmtpa
Apr 17 2020 inminingthey have shares in oakbay resources and energy uranium and goldminingand processing company the shiva uraniumminetegeta exploration and resources westdawn investments they also have interests in the passenger airline jet airways atulguptawas the 7th richest person in south africa in 2016 the family employed more than 10
Jan 24 2019 eightguptacompanies including theminingassets were placed in business rescue a year ago after commercial banks distanced themselves from theguptasand cut off transactional banking facilities
Theguptafamily owns a business empire spanningcomputer equipment media andmining and has been the focus of widespread scrutiny because of its close ties to jacob zuma during his presidency atulguptaphotographer leon sadikicity pressgallo imagesgetty images
May 11 2020 theguptafamily owns a business empire spanningcomputer equipmentsahara computers and sahara systems media andminingand in 2016 atulguptabecame the 7th wealthiest person in south africa
Not for the first time the politically connectedguptafamily is benefiting from a deal involving a state entity this time the boon is particularly large potentially about r100million thanks to the industrial development corporation idc accepting seemingly overvalued shares to settle debt that agupta miningcompany owed it
Oct 10 2017guptaschallenge outas freezing ofminerehab funds theguptabusiness group is opposing the application by the organisation undoing tax abuse outa to freeze the r175billionmine
Aug 23 2017guptasselling tegetamininginterests 23 august 2017 0831 by timeslive a logo of oakbay investments is seen at the entrance of their offices in sandton outside johannesburg
Masaba manufacturing was formed in 1962 with a mission to design and build ruggedequipmentto withstand the demanding environments of theminingand aggregate industries masabas wide range of products include conveying and material handlingequipment portable crushing screening and wash plants and a variety of custom engineered solutions all designed and manufactured specifically for
Aug 30 2020 retired judge meyer joffe will chair a closed inquiry into how an estimated r1bn of assets cash highvalue residential and commercial properties andmining equipmentbelonging to theguptas
According to paul holden of shadow world investigations the controversial family used every avenue possible to siphon funds from the project which was meant for 100 struggling farmers in vrede free state in a joint publicprivate partnership theguptassunk their teeth into estina with the help of formerminingminister mosebenzi zwane
Guptafamily companies on thursday asked the high court in pretoria to order baroda to remain in south africa "the condition of theequipmentat optimum is no worse than any othermine" he
Theequipmentneeds more capital than koornfontein vehicles andequipmentare scattered all over themine there is some refurbishment that needs to be done and new sections to be developed the open cast requires that the draglines be refurbished and recommissioned buckley dismisses rumours that theguptasare indirectly involved in
Jun 05 2018 theequipment owned byguptaowned confident concepts which is under business rescue is used at the familys optimum coalmineand shiva
The auction for thegupta miningassets including the optimum and koornfontein coal mines in mpumalanga and a stake in the richards bay coal terminal just got a whole lot more interesting
R587m insix hours how eskom paid for gupta mine eskom executives agreed to give theguptasmillions of rands to pay for their optimum coal deal at a special latenight tender committee meeting 21 october 2016 susan comrie additionalequipmentneeded
Nov 05 2019 on jan 18 2017 transactional paperwork shows that trillian management consulting at the time majorityowned byguptaassociate salim essa loaned 160 million rand 118 million from its baroda account to anotherguptacompany centaurmining
Mrguptas australian businesses employ more than 6500 workers including 4500 through infrabuild and about 2000 at whyalla the groups coal and iron ore mines and in its corporate back office
Dec 25 2018 one recent visitor to rajeshguptas office found duduzane sprawled across the couch playing on his phone in late 2010 ajayguptacalled themba maseko asking if they could discuss the familys entry into the media business theguptaswere starting a
The lossmakingminewas placed in business rescue and then acquired by tegeta exploration and resources which is owned by theguptasand former president jacob zumas son duduzane
Glencore is the company that sold theguptas optimum coalminein late 2015 following a flurry of unprecedented political intervention that included a trip to switzerland by thenmining
Mar 16 2018 the lives of patients at some hospitals have been put at risk after boilers broke down when coal from theguptas tegetamineused to heat the vessels caused frequent corrosion
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According to paul holden of shadow world investigations the controversial family used every avenue possible to siphon funds from the project which was meant for 100 struggling farmers in vrede free state in a joint publicprivate partnership theguptassunk their teeth into estina with the help of formerminingminister mosebenzi zwane
May 14 2018 over two years theguptafamily through its network of companies stripped its largestminingasset of at least r3billion in cash from profits with the money allegedly being
May 14 2018 the sunday times revealed this weekend howguptaowned tegeta had failed to meet coal supply targets to eskom nearly every month since theguptafamily bought themine this is despite the power utility granting theguptacompany relaxation on coal supply volumes for a total of 12 months after themineclaimed it was struggling to produce the
R587m in six hours how eskom paid forgupta mineat a special latenight tender committee meeting eskom executives agreed to hand aguptacompany r587million money that was used two days later to help pay the r215billion purchase price for optimum coal
Nov 27 2018 in place of theguptashave come the zamazamas armed men with night visionequipmentwho are not onlyminingillegally but also looting theminefor metal copper wire vehicles and otherequipment thismineis a legacy of not only theguptas but also of the anc government both national and provincial
The auction for thegupta miningassets including the optimum and koornfontein coal mines in mpumalanga and a stake in the richards bay coal terminal just got a whole lot more interesting
Rajesh tonyguptaand atulguptacould not be reached for comment the trader and the enforcer trillian and the network of shell companies it oversaw was the brainchild of two keyguptaassociates eric wood a stock trader and former director of regiments capital and salim essa the man who would link the family to key political players
A month later glencore had agreed to sell and theguptas tegeta was about to enter theminingmajor league but only if it could come up with the r215billion purchase price for optimum coal the guptaleaks now reveal that theguptasplanned to fund much of the acquisition from eskoms books using a r168billion prepayment from
The lossmakingminewas placed in business rescue and then acquired by tegeta exploration and resources which is owned by theguptasand former president jacob zumas son duduzane
Theguptaperioperative riskmica score predicts risk of mi or cardiac arrest after surgery theguptaperioperative riskmica score predicts risk of mi or cardiac arrest after surgery this is an unprecedented time it is the dedication of healthcare workers that will lead us through this crisis
This is in addition to theminingrightsequipmentand property held in the other companies owned by theguptas otherguptalinked companies have simultaneously filed for business rescue these are
Sep 28 2020 read swarm of court cases engulfs formerguptamines westdawn providedminingservices labour andequipmentto other companies in the
Gfg alliance is a collection of global businesses and investments owned by sanjeevguptaand his family with an ambition to be carbon neutral by 2030
Mar 16 2018 the lives of patients at some hospitals have been put at risk after boilers broke down when coal from theguptas tegetamineused to heat the vessels caused frequent corrosion
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