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Gupta brothers (Ajay, Atul and Rajesh)


Displaying 41-50 out of 65 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)...


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...

' 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'...


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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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')...

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...

• 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.

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)...

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 41-50 out of 65 results.