Gupta-owned Sahara owes R15m to Taiwanese IT firm
Gupta-owned company Sahara Computers is facing a R15-million lawsuit over non-payment of hardware ordered from a Taiwanese IT company.
The company, Fondiversal Technology, filed an application in the South Gauteng High Court in Johannesburg this week claiming that Sahara Computers, a company founded by the Gupta brothers' father, had not honoured their agreement to make payment despite receiving invoices from them.
In its papers, seen by Sunday World, Fondiversal said that the company had entered into an oral and partly written agreement with Sahara, which was represented by Evan Tar in Midrand in June 2015.
However, it said that despite the Taiwan-based company's compliance with its obligations as per their agreement, Sahara failed to make payment 45 days after shipment of their orders.
"The defendant breached the agreement by failing to make payment to the plaintiff on the open account and within 45 days of shipment of each respective invoice in relation to the goods sold and delivered in the sum of $1224588.45," reads the papers.
According to the affidavit filed by law firm Sun Attorneys on behalf of Brian Liu, the amount owed by the Gupta company was made up of three invoices all generated in June 2015.
It was not clear if the Gupta-owned company would be able to foot the bill as per the demand by Fondiversal as it was reported in February that their headquarters in Midrand were deserted.
There were also reports that the company had also sought the services of an estate agent to either sell the building for R50-million or rent it out for R390000 per month.
The Gupta brothers, Tony, Rajesh and Atul's phones were on voicemail and they did not respond to SMSes sent to their phones.
Would you like to comment on this article or view other readers' comments? Register (it’s quick and free) or sign in now.
Please read our Comment Policy before commenting.