South African Authorities Seize $21 Million in Gupta Assets


South Africa’s Asset Forfeiture Unit seized properties, cars and aircraft linked to the politically connected Gupta family worth more than 250 million rand ($21 million), according to the National Prosecuting Authority.

The assets included luxury cars, farms, residences, a helicopter and two other aircraft, the NPA said in an emailed statement.

Read here about the luxury cars that littered the Guptas’ yard

South Africa’s Asset Forfeiture Unit arrive to search the Gupta’s compound on April 16.

Source: Stringer/AFP via Getty Images

The Monday raids came after the High Court in Bloemfontein in the Free State province granted an order against people and companies associated with suspected theft, fraud and money laundering related to Gupta-linked company Estina (Pty)…

Read More

*** This news item is 3rd party content and is included strictly for non-commercial informational purposes.

320ro

Comments

comments


Important
This site makes use of cookies which may contain tracking information about visitors. By continuing to browse this site you agree to our use of cookies.