Gupta ally, Sharma refused bail
AFRICAN MIRROR REPORTER IQBAL Sharma, the businessman with strong ties to the Gupta family was today denied bail and will remain in custody until his next appearance. Magistrate Estelle de Lange ruled that it was in the interest of justice that Sharma, who is facing charges of fraud and money laundering, should remain in jail. De Lange said if convicted, Sharma, a first time offender, faced a 15 year jail sentence for one of the charges he faces. Ahead of the Magistrate’s verdict, State prosecutor Peter Serunya argued that Sharma would not stand trial if released on bail. Serunya argued…