Lawyer: Gupta family vindicated by court ruling

The High Court in Bloemfontein set aside the R250 million preservation order the Asset Forfeiture Unit had obtained against several Gupta companies, their directors and three Free State government employees.

FILE: Atul Gupta. Picture: Supplied

PRETORIA - The Gupta family's attorney says they feel vindicated after the High Court ruled that there are no reasonable grounds to belive that the State will secure a successful prosecution in the Estina dairy farm case.

The High Court in Bloemfontein set aside the R250 million preservation order the Asset Forfeiture Unit had obtained against several Gupta companies, their directors and three Free State government employees.

The State had seized numerous properties, luxury cars as well as several aircraft.

Attorney Rudi Krause says the State had repeatedly failed to produce evidence against the Guptas and their business interests.

"We had said all along even after the first preservation was granted that the national prosecutor of public prosecutions disclosed no evidence linking any of our clients to the commission."

The court found there was uncertainty as to the exact source of the funds being moved between the various bank accounts.

It also found that there are no reasonable grounds to believe that the parties may be convicted of the offences as alleged and that a successful confiscation order would follow.