Iqbal Sharma’s bio has not been updated on Wikipedia yet. Meanwhile, here’s an update on his age, wife, and latest arrest.
Iqbal Sharma is a South African businessman and former Deputy Director-General of South Africa’s Department of Trade and Industry.
At present, he is the chief executive officer of Trade and Investment South Africa (TISA).
Iqbal Sharma Wiki And Age
Iqbal Sharma is the founder of ISSAR.
Iqbal has previously served on the board of the Export Credit Insurance Corporation, SA Space Affairs Council, and Immigration Advisory Board.
Success! #IqbalSharma has been denied bail! https://t.co/sugBErmA9E
— OUTA (@OUTASA) June 8, 2021
Furthermore, Mr. Sharma was recently arrested on June 2, 2021, along with three former government officials, who are already released on bail.
Mr. Iqbal Sharma, on the other hand, is still in jail. His request for bail has also been denied on June 8.
He is arrested in connection with the failed R24-million fraud and money laundering case in the Free State.
Moreover, Sharma is accused of laundering over 20 million Rands through his company, Nuland Investment.
The money was paid by the provincial Free State Department of Agriculture for a feasibility study that was supposed to cost only 1.5 million Rands.
The study failed miserably. There are speculations that the money was siphoned off to the Gupta family.
Who Is Iqbal Sharma Wife?
Iqbal Sharma is married to his wife Tarina Patel, who is a well-known actress.
Moreover, his wife, Tarina, was only 17 years old when the duo got married.
Tarina has appeared in a number of films, such as Bhool Bhulaiyaa alongside Indian actor Akshay Kumar, One Night With The King, and Generations: The Legacy.
ID: Iqbal Sharma denied bail after the prosecutors convinced the court that he is a flight risk as he concealed crucial information regarding his finances#DealingWithCorruption #TakingProfitOutOfCrime pic.twitter.com/LI9EiLVjjw
— NPASouthAfrica (@NPA_Prosecutes) June 8, 2021
What Is Iqbal Sharma Net Worth?
Iqbal Sharma’s net worth is probably in millions.
He owns a luxurious mansion in Sandton, Johanessburg, which is worth R12 million. Also, he has a residence in Constantia, Cape Town.
However, after Iqbal’s arrest, his properties have been seized by the Assets Forfeiture Unit (AFU).
The NPA’s Investigative Directorate (ID) placed his properties and assets under restraint until further proceedings.
Iqbal Sharma Parents And Family
Iqbal Sharma’s parents’ identity is unknown.
But, he is Fatima Meer’s nephew. He has a sister Laila, who lives in California, and a brother, who is also in the United States.