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Gupta brothers (Ajay, Atul and Rajesh)


Displaying 11-20 out of 79 results.

Ramaphosa rattled

President Cyril Ramaphosa is under increasing pressure to explain the contradictions of his five-year term as deputy President of the ruling African National Congress (ANC) under former President Jacob Zuma who is facing multiple fraud charges and accusations of 'state capture' by the billionaire Gupta brothers...

Gupta legacyThe pervasive influence of the Guptas has been the recurring theme at the Zondo Commission a state inquiry to establish how the Gupta family members allegedly facilitated 'state capture' by peddling their political connections to the Zuma family to win contracts from the state through a network of front companies and well-placed individuals (AC Vol 59 No 4 Zuma goes down fighting)...

Gupta legacyThe pervasive influence of the Guptas has been the recurring theme at the Zondo Commission a state inquiry to establish how the Gupta family members allegedly facilitated 'state capture' by peddling their political connections to the Zuma family to win contracts from the state through a network of front companies and well-placed individuals (AC Vol 59 No 4 Zuma goes down fighting)...

South Africa has successfully negotiated an extradition treaty with the United Arab Emirates but observers consider it unlikely either that the Guptas will return to face trial or that the money they amassed will be recovered...


Riyadh to the rescue

It would have been one of Rosatom's biggest projects and would have benefited some of Zuma's business allies such as the Guptas...

2bn had gone missing in a single transaction for Transnet the publicly owned transport operator and $350m had turned up in an account in Hong Kong under the control of the Gupta family...

Most of all it was hit by malfeasance after hand-picked allies of the Gupta family were installed in management positions pending a takeover in which control would have passed to an Indian-based consortium led by the Guptas (see Box Denel in the dumps)...

Most of all it was hit by malfeasance after hand-picked allies of the Gupta family were installed in management positions pending a takeover in which control would have passed to an Indian-based consortium led by the Guptas (see Box Denel in the dumps)...

South Africa is seeking the extradition of the Guptas – who fled the country in February as Ramaphosa took office – from their base in Dubai in connection with fraud and money-laundering charges amounting to billions of dollars...

Minister of International Cooperation Lindiwe Sisulu confirmed at the UN General Assembly last month that South Africa had applied to the UAE for the Guptas' return to face trial...

Like so many of South Africa's state-owned enterprises Denel's finances have been hit by mismanagement and corruption most of it linked to ousted President Jacob Zuma's allies the Gupta family (AC Vol 59 No 6 Ramaphosa begins world tour & Vol 59 No 17 Europe discovers Africa again)...

The move opposed by the Treasury because it gave preferential terms to the Guptas was cancelled last year...


Another one bites the dust

Losing one of his loyalists is a body blow to President Cyril Ramaphosa but Nene was sunk after admitting in his evidence to the government-appointed Zondo Commission into 'state capture' that he had lie about his association with the corruption-tainted Gupta family currently under investigation...

He told the Zondo commission that he had met the Guptas on ten occasions including at their notorious residence in Johannesburg and at their commercial headquarters...


Korean barbecue down south

The overall picture has been boosted by the recovery of the continent's two economic giants from largely self-inflicted wounds; Nigeria's costly defence of its currency and South Africa's expensive dalliance with the Gupta family...

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Moyane spoiling for a fight

Moyane one of ex-President Jacob Zuma's key allies in the 'state capture' drama with the Gupta family was suspended for re-instating his allegedly corrupt deputy Jonas Makwakwa and lying to Parliament (AC Vol 58 No 1 Power struggle goes nuclear)...


Unbowed, Zuma seeks revenge

Mahumapelo a long-time ally of Zuma and benefactor of the Gupta brothers is under investigation by the police which could lead to charges of fraud and money-laundering (AC Vol 59 No 7 Zumaists and Ramaphorians)...

Magashule as the ANC's Secretary General also close to the Gupta brothers can decide on the deployment disciplining and dismissal of ANC officials...

Also under scrutiny is former Minister of Mines Mosebenzi Zwane linked to the Gupta brothers...


Ace in a hole

Magashule has not had an easy few months from the elite police Hawks unit raiding his office and arresting his key allies in the Free State to more embarrassing graft allegations emerging about his close ties to the politically connected Gupta brothers and Zuma's son Duduzane related to the controversial multi-million Dairy Project (AC Vol 59 No 2 Big change no fanfare)...

Magashule's son Tshepiso also has close ties to the Gupta family...

Magashule has been linked to the dairy farm corruption allegations in which the Guptas are alleged to have benefited from R570 mn...


Zexit, Ramaphoria, then political landmines

Denel disarmed by the Guptas Denel South Africa's once mighty armaments manufacturer is on the brink of bankruptcy after an ill-fated attempt by the Gupta brothers to gain control of it...

It would have been the jewel in the crown of their now crumbling South African empire (AC Vol 58 No 22 Snagged by the Guptas' global reach)...

' By using a South African front as well as family connections in India the Guptas planned to use the company to launch a sales drive to India that could have topped US$9 billion over five years...

When the Guptas saw the tide turn against former President Jacob Zuma they withdrew from the deal with Denel incurring losses of roughly R500 million ($43 mn...

Denel's chairman Daniel Mantsha who was accused of involvement in the Guptas' attempted 'capture' of the firm resigned last week...

Essa has turned state witness in the case against the Guptas and other Eskom officials possibly including Brown we understand...


Not yet Team Ramaphosa

All were tainted by association with the Gupta family and companies involved in 'state capture'...

Relegation zoneRamaphosa fired seven ministers associated with state capture and the Gupta family and made several important appointments to make good his commitment to tackle corruption head on and revive South Africa's ailing economy (AC Vol 59 No 1 Cyril presses his advantage)...

He has brought back two finance ministers summarily fired by Jacob Zuma for rebuffing demands for easy access to state funds that benefited the Gupta brothers' businesses...

Some mining bosses were quick to compliment Mantashe on his appointment contrasting his integrity with the reputation of his predecessor Mosebenzi Zwane a close ally of Zuma and the Guptas...


A Saint Valentine's Day massacre, of sorts

It started at dawn when the special investigation unit raided the Guptas' sprawling mansion in Johannesburg's leafy northern suburbs from which the family is accused of running a kind of parallel government in league with Zuma...

Zuma could no longer protect the Guptas...

Journalists and civic activists worked relentlessly using the latest techniques in data analysis to get the inside story on the links between the Guptas and the Zuma clique...

The leak apparently engineered by a helpful intelligence officer of over 200 000 emails from the Guptas' email accounts helped the cause immensely...

OUTA have also accused many of Zuma's close aides and families of wrongdoing: • Lakela Kaunda Zuma gatekeeper and head of operations in the Presidency; • Gloria Bongi Ngema-Zuma one of Zuma's wives for whom the Guptas bought a R5...

4-million house; • Duduzane Zuma's son who was a business partner of the Guptas; • Mineral Resources Minister Mosebenzi Zwane who helped arrange access to Waterkloof air base for the Guptas' wedding guests; • Public Service and Administration Minister Faith Muthambi accused of sharing Cabinet documents with the Guptas; • Public Enterprises Minister Lynne Brown whose choice of appointees helped the Guptas; • Brian Molefe former chief executive of Eskom Transnet and the Public Investment Corporation and a good friend of the Guptas...

Five senior executives of Eskom are on OUTA's list: including former chairman Ben Ngubane suspended chief financial officer Anoj Singh and director Mark Pamensky who was in business with the Guptas...


Displaying 11-20 out of 79 results.