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Sun, May

Africa News
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Law enforcement authorities in South Africa seized assets worth $15m (£10m) on Monday during a raid on properties belonging to the controversial Gupta brothers, TimesLive reports.

They included 65 cars‚ 46 properties‚ a helicopter‚ two aircraft‚ cash in several bank accounts and earth-moving equipment and the Gupta family’s compound in Johannesburg suburb of Saxonwold.

Tax officials and an asset forfeiture unit joined the police in the operation which, TimesLive reports, will continue today.

The seizure is part of the state capture investigation which alleges that the brothers had undue influence over former President Jacob Zuma. Both parties have however denied any wrongdoing.

Investigators are aiming to recover $20m from various associates and companies involved in a scandal known as the Estina dairy farm, where a shell company is alleged to have laundered money.

The Gupta brothers have kept a low profile since before the forced retirement of President Zuma.

 

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