Millions of rand of public funds were siphoned off from Transnet, Eskom and South African Airways.
Browsing: Ajay Gupta
The SIU is going after members of the Gupta family, and former Eskom executives, board members and other associates in an effort to recoup R3.8-billion that the power utility lost when the Gupta family acquired Optimum Coal.
Scepticism is mounting that the alleged masterminds of South Africa’s biggest-ever embezzlement of state funds will ever be held to account.
A member of the Gupta family offered former deputy finance minister Mcebisi Jonas R600-million to take the top ministry post and threatened to kill him if he spoke of the offer, Jonas told a judicial inquiry.
For years, brothers Ajay, Atul and Rajesh Gupta were ranked among South Africa’s most prominent businessmen and socialised with the ruling elite, including their friend, then-President Jacob Zuma. They weathered accusations that
The Hawks police unit has obtained an arrest warrant for at least one of the members of the politically connected Gupta family, City Press reported. The unit is now waiting for prosecutors at the National Prosecuting
I have been following the recent media attention around your banking problems with some interest. What a dilemma you find yourself in! Banks won’t bank with you even when you own shares in them and own certain politicians
A South African business empire built up by members of the Gupta family is under pressure as they face a mounting backlash over allegations that they exploited their friendship with President Jacob Zuma to loot billions of rand
Brian Molefe, the CEO of South Africa’s state-owned power utility, said he will leave Eskom following the release of a report by the nation’s graft ombudsman into the influence of the wealthy Gupta family on the state and the
National treasury was a “stumbling block” to the Guptas’ business ambitions and the family asked deputy finance minister Mcebisi Jonas to sack its director-general, according to former public protector Thuli Madonsela’s “state capture” report. He would