Netwerk24 reported on Tuesday that the statements show the Guptas' involvement in the Vrede dairy scheme was far greater than previously suspected.
The bank statements show that the Free State Department of Agriculture paid the money over to Estina in amounts of up to R50m at a time.
The statements are for Estina's Standard Bank account, held at the Bedford Gardens branch, under account number 310864860. Estina was supposed to run the Vrede dairy farm on behalf of the department.
Outsourcing to Indian contractors...what could possibly go wrong ?
The company should have ploughed the same amount of money back into the scheme, but statements showed that it never happened. Instead, the money was paid into the company's Bank of Baroda account in India almost immediately.
'Plundering of assets by Guptas'