NPA heads to court to for permission to sell Optimum Coal Mine
JOHANNESBURG - The National Prosecuting Authority said it’s in the process of recouping money from the proceeds of state capture.
This comes after it filed a forfeiture application with the Pretoria High Court on Friday, seeking permission to sell multi-billion rand Optimum Coal Mine. The application also seeks to confiscate shares owned by Tegeta Exploration and Resources - on the grounds that it was acquired with the proceeds of unlawful activities.
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NPA seeks permission to sell multi-billion Optimum coal mineThe National Prosecution Authority (NPA) has approached the courts to seek permission to sell the Optimum Coal Mine, which is valued at R3.4bn.
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