Bail denied: court not sold on Gupta ‘lieutenant’ Iqbal Sharma’s defence
Investigating officer says Sharma has the financial means to flee and support himself outside SA
Gupta associate Iqbal Sharma has been “dishonest” with the court about his financial affairs, travels extensively, speaks foreign languages, is “extremely wealthy” and is a flight risk.
In an affidavit read out in the Bloemfontein magistrate’s court on Tuesday by state prosecutor Peter Serunye, investigating officer Col Mandla Aloise Mtolo said the state opposed Sharma’s bail application as he “presents an overwhelming flight risk who has the means and incentive to flee SA”.
Mtolo alleged Sharma was “at the heart of corrupt transactions that generated billions of rand in kickbacks for the Guptas”...