NPA's AFU sets eyes on Gupta linked companies

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The logo of Trillian Capital, an asset management company linked to the Gupta-family.

JOHANNESBURG - The National Prosecuting Authority confirms the Asset Forfeiture Unit has obtained an order to freeze Assets worth R1.6-billion belonging to the Gupta-linked firms.

AFU obtained preservative order freezing McKinsey and Trillian assets on 14 December.

READ: Gupta-linked Trillian says it has proof against McKinsey

The firms have 90 days to show contracts with various state-owned entities were lawfully awarded.