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Home›Corruption Tracker›Gupta Saxonwold Compound Asset Restraint
Gauteng · SA Corruption Asset Tracker

Gupta Saxonwold Compound Asset Restraint

Assets FrozenR250.2 millionHigh confidence

Gupta Saxonwold Compound Asset Restraint involves R250.2 million in assets frozen by court order in Gauteng, according to official records. It is one of the larger cases tracked, by rand value. The matter relates to the NPA State Capture Investigations. 6 individuals have been formally implicated through official proceedings, including Kamal Vasram, Varun Gupta, Ronica Ragavan and 3 others.

Case details

The NPA obtained a R250.2 million asset restraint order on dozens of Gupta-linked assets amid the Vrede Estina dairy farm fraud investigations. The Saxonwold compound was raided to seize properties, two aircraft, one helicopter, vehicles and bank accounts of Gupta companies including Oakbay, Islandsite and Confidents Concept.

AssetsMultiple immovable properties, 2 aircraft, 1 helicopter, vehicles, bank accounts of Gupta-linked companies
Department / entityNPA State Capture Investigations
Estimated valueR250.2 million
StatusAssets Frozen
Court orderBloemfontein High Court restraint order, April 2018
Date reported16 April 2018
LocationSaxonwold, Johannesburg, Gauteng

Implicated (6)

Kamal VasramVarun GuptaRonica RagavanNazeem HowaAshu ChawlaSalim Essa

Source — NPA

Reported 16 April 2018

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Sourced exclusively from official public records (SIU, AFU, NPA, Hawks, Zondo Commission). This tracker does not make independent allegations; individuals listed have been formally implicated through legal proceedings or official investigations. Updated manually — may not reflect the latest case developments.