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Gupta brothers (Ajay, Atul and Rajesh)


Displaying 71-80 out of 95 results.

The big rand short

Although the ANC National Executive abandoned its investigation into companies accused of trying to capture the state – Zuma's friends the Gupta family had headed the list – some of the President's political foes continue to accuse the family's companies of abuses...


Guptas' export drive

Regulators have begun inquiries into whether or not the three Gupta brothers Ajay Atul and Rajesh exported large sums of money to Dubai where they are now believed to be mainly resident we hear (AC Vol 57 No 8 Guptas fly out)...

Several Zuma family members co-own businesses with the Guptas or work in their companies...

The relationship between the Guptas and the Zuma family is one reason political insiders are saying that Finance Minister Pravin Gordhan who is ultimately responsible for the Treasury is under so much pressure from the the Hawks the elite investigation department of the South African Police Service...


A charter for trouble

He is also close to the well known Gupta family whose contracts with government and state-owned entities are under scrutiny...

In March 2013 Zwane signed a letter allowing the Guptas to land their private jet at the Waterkloof military air base...

He also accompanied the Guptas to Switzerland to negotiate the sale of a Glencore mine Optimum Coal (AC Vol 57 No 4 Zupta Inc...

A senior official at the National Union of Mineworkers told AC they had little trust in the Minister as 'he is too focused on helping the Guptas get mines...

' The opposition Economic Freedom Fighters and the Democratic Alliance have questioned the cabinet's appointment of Zwane alongside Finance Minister Pravin Gordhan to 'interact' with the big four banks in South Africa over their decision to cut ties with Oakbay Investments the holding company of various Gupta family businesses (AC Vol 57 No 8 Guptas fly out)...


Guptas fly out

The Gupta family has flown out of South Africa and relinquished all posts in their companies despite strenuous denials that they were leaving for good...

Brothers Ajay and Atul Gupta quietly departed from Lanseria Airport on 7 April City Press and other local media reported along with 'enough luggage for 20 people'...

London solicitors Schillings acting for the Guptas wrote to Africa Confidential on 4 March after we reported that the family was planning to leave South Africa saying 'The supposed "facts" upon which this Article is based are fundamentally incorrect and as such the allegations contained therein are entirely false and misleading...

' It went on to state 'such Allegations are grossly defamatory of our clients and are categorically denied' before demanding we withdraw the story publish an apology and pay all the Guptas' legal costs...


Night of the generals

Then the group declared its support for Mcebisi Jonas who said that the Gupta family had offered him the post of Finance Minister before Zuma sacked Nene (AC Vol 55 No 11 A loyalist cabinet and Vol 57 No 4 Zupta Inc...

Both Shaik and Njenje split with Zuma after they had tried to block what they saw as the Gupta family's growing power...

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Gordhan and Zuma slug it out

The pressure on him continued with two more revelations in the saga of his relations with the wealthy Gupta family...

On 16 March former ANC MP and public enterprises committee chairwoman Vytjie Mentor claimed in a Facebook post that the Guptas had offered her the job of Public Enterprises Minister so long as she obtained the South Africa-India air route for them...

She later deleted the message and the Guptas categorically denied any meeting with her had ever taken place...

Earlier London's Financial Times reported that two weeks before Zuma sacked Gordhan's successor and predecessor as Finance Minister Nhlanhla Nene on 9 December the Guptas had had a meeting with Deputy Finance Minister Mcebisi Jonas and offered him Nene's job...


Trial of strength at the top

He also fired a shot across the President's bows by snubbing media owned by Zuma's allies in the Gupta family (see Pointer Guptas 'to leave SA')...

This is a veiled reference to the Guptas and others of Zuma's allies in positions of prominence...

Gordhan offers the most serious challenge yet to Zuma's steady replacement over the past 15 months of top officials and ministers with lesser-known loyalists often with links to the powerful Gupta family...


Guptas 'to leave SA'

The Gupta brothers Ajay Atul and Rajesh are in the process of moving to Dubai United Arab Emirates say sources in the governing African National Congress...

The youngest of the trio Rajesh Gupta aka Tony is organising the move and they intend gradually to reduce their presence in Johannesburg Africa Confidential hears...

The day after he read out the budget Finance Minister Pravin Gordhan signalled his displeasure with the Guptas by refusing to appear on a South African Broadcasting Corporation television breakfast show on 25 February because it was sponsored by the Gupta-owned newspaper The New Age...

• Guptas 'to leave SA' AC Vol 57 No 5 page 12Since publication of this report representatives of the Gupta family contacted Africa Confidential to say that the family are not in the process of moving to Dubai nor have any key family members settled there already to repeat the denial that they played any part in the decision to dismiss Finance Minister Nhlanhla Nene in December 2015 and to say that his successor Pravin Gordhan did not refuse to appear on SABC's post-budget breakfast because the minister disapproved of the Gupta family but because ministry policy requires rotation of broadcasting appearance acceptances by ministers...


Zupta Inc.

Although the business relationship between the Guptas and Zuma's family is well-known it has become a source of political damage to the President attracting unwelcome attention (AC Vol 52 No 7 Who's who in Zumaland)...

Then came Africa Confidential's revelation on 12 February that two men with strong links to the Guptas were to accompany the short-lived Finance Minister David 'Des' van Rooyen to the Treasury...

Economic Freedom Fighters leader Julius Malema is campaigning to have the Guptas deported...

The Minister of Mineral Resources Mosebenzi Zwane an appointee with long-standing Gupta connections plucked from Free State provincial politics in September is under fire for favouritism towards the Guptas and Zuma family interests...

Tegeta is owned by Oakbay Resources and Energy the Guptas' vehicle for mining interests in South Africa together with Mabengela Investments in which Duduzane Zuma is a shareholder together with Rajesh Gupta...

Tegeta is owned by Oakbay Resources and Energy the Guptas' vehicle for mining interests in South Africa together with Mabengela Investments in which Duduzane Zuma is a shareholder together with Rajesh Gupta...


Zuma bows to business

The main beneficiaries of the nuclear deal would have included the controversial Gupta family – three Indian brothers who have become massive beneficiaries of Zuma's patronage (AC Vol 56 No 12 Money worries)...

Bobat and Whitley who have associations with the Guptas and their businesses visited the Treasury before Van Rooyen's appointment and told officials there that they would be able to sign expenditure and other authorisations on behalf of the new minister but otherwise there would be no changes...

The events also revealed that the two more recent plutocratic dynasties – the Motsepes and the Guptas – are increasingly at daggers drawn as they vie for influence over the ANC...

She is backed by her former husband and the Guptas...

At yesterday's shambolic opening of Parliament the Economic Freedom Fighters walked out of Parliament in their signature red overalls chanting 'Zupta must fall' – a cryptic reference to the Gupta family and Zuma...


Displaying 71-80 out of 95 results.