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Gupta brothers (Ajay, Atul and Rajesh)


Displaying 1-10 out of 71 results.

The Crown Prince’s power play

From hosting political dissidents and fugitive businessmen – including members of the South African Gupta family – to attracting the regional operations of international banks and private equity firms Dubai's relaxed environment has drawn in companies working across Africa...


The party and the pendulum

Magashule had wanted to parachute his allies all of whom had close ties with the Gupta family Zuma's business associates into the most powerful committees: Faith Muthambi former minister for public service to the Justice Committee; Mosebenzi Zwane ex-minister for mines to labour and Supra Mahumapelo the ousted former premier of North West province to the local government committee (AC Vol 60 No 13 Ace helps his allies)...


Ace helps his allies

Faith Muthambi another Zuma-appointed minister who leaked confidential information to the Gupta brothers was sacked by Ramaphosa and continues to be at Zuma's side during his court appearances on multiple fraud charges is now the chair of the co-operative governance committee which oversees the increasingly important realm of provincial and local government...

Mosebenzi Zwane former mineral resources minister appointed at the request of the Guptas to facilitate massive gains for the Indian brothers in the coal industry now chairs the transport committee in Parliament...


ANC’s not-so-clean slates

They include former Finance Minister Malusi Gigaba who was dropped for lying to Parliament and aiding the Gupta brothers with their immigration status and former Mining Minister Mosebenzi Zwane who was tainted by his close association with the Guptas (AC Vol 60 No 5 Contradictions in the contracts)...


Contradictions in the contracts

Under Mosebenzi Zwane South Africa's former Mineral Resources Minister vested interests loomed large especially in the case of the Gupta family's takeover of the Optimum Coal mine...

Zwane who had little knowledge of mining was given the portfolio by President Jacob Zuma for having helped direct state funds to a dairy project in Estina Free State Province which was of great benefit to the Gupta family (AC Vol 59 No 12 Big change no fanfare)...


Win first, then work

Further prosecutions will be brought on the foot of the commission's investigations of the Gupta family's network of influence within the state and government although the final report is not due until March 2020...

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Fund in the firing line

Nene resigned in October following his admission to the Zondo Commission on state capture that he had failed to disclose his meetings with the Gupta brothers before being re-appointed finance minister by Ramaphosa in February (AC Vol 59 No 20 Another one bites the dust)...

The PIC and state-owned enterprises were the key targets of corruption and looting during the Zuma presidency which saw billions of rand allegedly raked off in kick-backs by the Gupta brothers who were close friends of Zuma and his family and used their connections to win major state contracts...

Although Survé was in competition with the Guptas' media empire they both curried favour with the Zuma government to obtain their share of lucrative government advertising...

Gupta takeoverThe main inquiry into so-called 'state capture' headed by Deputy Chief Justice Raymond Zondo has heard evidence from top former and present senior government officials who have given often shocking accounts of the extent to which the Gupta family Zuma's close allies had taken over government decision-making (AC Vol 59 No 4 Zuma goes down fighting)...

He sold executive power to the Guptas...


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...


Displaying 1-10 out of 71 results.