Iqbal Sharma, a businessman and key associate of the controversial Gupta family, has been arrested in connection with the failed R288 million Estina dairy project in Vrede, in South Africa’s Free State province. News24 reports that Sharma, who was a key player on the board of state rail company Transnet during the state capture era and a partner of Salim Essa, who was the Guptas’ principal business lieutenant, will appear in the Bloemfontein Magistrate’s Court on Thursday to face charges of fraud and money laundering.