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In terms of the agreement, Estina was to provide a capital injection of R228 million. Paras Dairy, a company incorporated in India, was presented as Estina’s partner in the Vrede Dairy Project.
The land was allocated to Estina through a lease that spanned 99 years. The primary objective behind the million-rand dairy project was to uplift black farmers.
The former sole director of Estina dairy farm, Kamal Vasram, and a co-accused Saliesh Indurjeeth have been released on R10 000 bail after their arrest for fraud and other charges.
Estina‚ the company that ran the Gupta-linked Vrede Dairy Farm Project had only R9‚000 in its bank account before the first payment of R34-million was deposited into it by the Free State ...
This is the second time the Estina case has been dropped. Back in 2018, several people were arrested but the NPA then provisionally withdrew the charges against them.
Former Free State agriculture and rural development head Peter Thabethe granted bail in Estina dairy court cases.
Estina arrests not due to change in political winds – Hawks head For the third week running,General Yolisa Matakata was quizzed about the Gupta-related scam in Parliament when she appeared ...
Former Free State agricultural head Peter Thabethe says his department paid Estina R30-million in 2012 before a final feasibility study had been accepted, because he thought “there wouldn’t be ...
Estina, the firm tasked with implementing the Vrede dairy farm project, had closer links to the Gupta family than previously thought. Evidence to this effect is contained in a damning new document ...
Kamal Vasram, the former sole director of the Estina dairy farm, and co-accused Saliesh Indurjeeth were released on R10 000 bail on Tuesday after their arrest for fraud and the contravention of the ...