Atul and Rajesh Gupta, masterminds of state capture, have been detained in Dubai for robbing the South African government.
According to the Justice Department, law enforcement officials in the United Arab Emirates have confirmed the allegations. According to the statement, they are debating the next steps as well as how to work together with the UAE.
Following allegations of wrongdoing related to their alleged involvement in State Capture, the Guptas left South Africa a few years ago.
Gupta Brothers Arrest For Defrauding The South African Government
Atul and Rajesh Gupta, two of the Gupta brothers, were arrested in Dubai on Monday night, according to the Department of Justice.
The brothers were wanted for extensive graft, fraud, and money laundering, and an Interpol red notice was issued for them.
Various law enforcement agencies in the UAE and South Africa are currently discussing the case, according to the department.
A high-level gathering of law enforcement authorities is currently taking place in Pretoria, according to sources. During investigations into their alleged stealing of billions of rands from state-owned firms, the Gupta brothers and their wives departed South Africa.
Who Are Ajay Gupta And Rajesh Gupta? The Gupta Brothers
The Gupta family arrived in South Africa in 1993, with roots in the Indian state of Uttar Pradesh’s Saharanpur. The three brothers, Ajay, Atul, and Rajesh Gupta, as well as Atul’s nephews Varun and Ashish and Amol, who live in the United States, are important members of this family.
Sahara Computers, the family’s first firm in South Africa, was launched by Atul in 1993. Today, the Gupta family owns coal mines, computers, newspapers, and a media platform in South Africa.
His daughter, Duduzile Zuma, was a director at Sahara Computers, the Guptas’ first South African company.
His son, Duduzane Zuma, was a director of a couple of Gupta-owned businesses before resigning in 2016 in the face of public outcry.
Gupta Brother’s Net Worth 2022 Update
According to Wikipedia, the Gupta family is among the world’s wealthiest families, with Atul Gupta ranking the seventh richest person in South Africa, with a net worth of R10.7 billion (US$773.47 million) based on JSE-listed holdings.
Their close relationship with Zuma, both personally and through their company Oakbay Investments, has sparked accusations of corruption and undue influence.
Both Infinity Media (ANN7 TV news) and TNA Media (The New Age newspaper) were sold by Oakbay to a company called Lodidox, which is owned by Mzwanele Manyi. According to the company’s statement, Oakbay would sell its two-thirds ownership in TNA Media for R150 million and it’s shareholding in Infinity Media for R300 million.