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Gupta brothers (Ajay, Atul and Rajesh)


Displaying 1-10 out of 60 results.

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...


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...


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...


Zuma goes down fighting

Ramaphosa insisted, according to a well-placed source, that Zuma should pledge full cooperation with law-enforcement agencies and testify against his associates in the Gupta family and his favoured son Duduzane, who have benefited hugely from presidential patronage (AC Vol 59 No 3, The goodbye gets longer)...

There are unconfirmed reports that the Gupta brothers made their Bombardier private jet available for a flight to Russia to prepare for a meeting or conference call with Zuma and associates, Daily Maverick reports...


Big change, no fanfare

In the past week, the National Prosecuting Authority has issued orders for the seizure of billions of rand in assets belonging to the politically-connected Gupta family, including the Estina dairy farm project in Free State province which is at the centre of an investigation into the misuse of state funds and money laundering...

It has also frozen the bank account of Atul Gupta, in charge of the Gupta finances...

The NPA's Asset Forfeiture Unit moves to freeze Atul Gupta's bank account and seize the R220-million Dairy Farm project in the Free State province...


Snagged by the Guptas' global reach

HSBC, one of Britain's biggest banks, has been accused by a British peer of complicity in a US$500 million money-laundering scheme organised by businesses controlled by the Gupta family, close allies of President Jacob Zuma...

'This information shows illegal transfers of funds from South Africa made by the Gupta family over the last few years from their South African bank accounts held with a British bank, to accounts held with the same bank in Dubai and Hong Kong,' Hain told the Lords...

Last week, Hain produced a list of 27 names (along with their bank account details and identity numbers) to be investigated as part of Gupta-gate: it included President Zuma, ten members of his family, the three Gupta brothers and eight members of their family...


Balancing the good cop with the bad

The Gupta brothers have been accused by a government watchdog of 'improperly influencing the award of government contracts' (AC Vol 57 No 21, Stalwarts push for Zuma's exit & Vol 58 No 13, Factional fireworks threaten party)...

The company apologised for benefiting from its contract with the Gupta brothers and undertook to repay R23 million ($1...


Displaying 1-10 out of 60 results.