File: Indian businessmen, Ajay Gupta and younger brother Atul Gupta and Oakbay MD Jagdish Parekh at a Business Day interview in Johannesburg on 2 March 2011, regarding their professional relationships.
BLOEMFONTEIN – The Guptas&39; attempt to regain their assets worth around R180-million will be heard in the Bloemfontein High Court on Thursday.
This time, the state will be represented by legal heavyweight, Wim Trengove.
The seven applicants include Oakbay Investments, its acting CEO, Ronica Ragavan and the Guptas&39; nephew Varun Gupta, who has since been granted permission to leave South Africa
EXCLUSIVE: Ajay Gupta denies being a fugitive
The assets were seized by the National Director of Public Prosecutions and the National Prosecuting Authority in connection with the failed Estina Dairy Project.
The NPA alleges that funds intended for the dairy farm project were laundered and placed into Bank of Baroda accounts linked to the Guptas.
It comes after Ajay Gupta earlier in the week denied he is a fugitive from justice.
In an exclusive interview with eNCA, he denied his family is involved in any wrongdoing.