Iqbal Sharma is among the accused in the reinstated Nulane Investments fraud and money laundering case linked to the failed Vrede dairy project.
The NPA’s Investigating Directorate Against Corruption (IDAC) has re-enrolled the R25 million Gupta-linked Nulane Investments corruption case after a successful appeal overturned the acquittal of all accused.
In June last year, the SCA overturned the Free State High Court's decision to acquit all the accused in the R25 million Nulane Investments fraud and money laundering case.
The SCA set aside the High Court ruling that saw eight accused walk free in April 2023 after the court found there was no case to answer under Section 174 of the Criminal Procedure Act.
The ruling followed an appeal by the National Prosecuting Authority (NPA) seeking to reverse the judgment.
