Investigator Paul Holden has given a stupefying account of billions of rand paid from state-owned entities and other governmental organisations into a complex local laundromat.
Browsing: Sahara Computers
The Asset Forfeiture Unit has seized properties, cars and aircraft linked to the politically connected Gupta family worth more than R250m, according to the National Prosecuting Authority. The assets included
Speculation is swirling that the Guptas’ biggest asset in the ICT sector, Sahara Computers, is either up for sale or could even soon be closed down. Several industry sources, who say they have knowledge of the situation
The Gupta family are selling their assets in South Africa to little-known companies as their access to banking facilities dries up and allegations intensify that they used their friendship with President Jacob Zuma to wield undue
Gupta-owned Oakbay Investments on Thursday said it derived R233m from its total revenue of R2,6bn from government business. This is according to a statement released by the group detailing its revenue for the financial year ended
South Africa’s Gupta family, which has been accused of using its friendship with President Jacob Zuma for gain, plans to sell all its South African business interests by the end of the year. The family is in talks with
Gupta-owned Sahara Computers CEO Stephan Nel on Tuesday opened a case of intimidation after an anonymous person allegedly phoned to warn him against approaching finance minister Pravin Gordhan for assistance regarding Oakbay’s blacklisted
Four executives of four Gupta-owned companies ambushed finance minister Pravin Gordhan on PowerFM on Sunday night with questions focusing on the blacklisting of their bank accounts. In his response, Gordhan revealed for the
The Gupta brothers’ friendship with President Jacob Zuma has been made a “little more difficult” since allegations of state capture emerged this year. Gupta spokesman Gary Naidoo said the Guptas continue to have a relationship with
Anonymous Africa have shed more light on why it targeted websites belonging to the SABC and Gupta-owned Oakbay Investments this week. Both the public broadcaster and Oakbay Investments confirmed this week that their