Gupta brothers, the notorious indian-south african businessmen, have been arrested in dubai.

0 0
Read Time:1 Minute, 5 Second

 

Rajesh and Atul Gupta moved to South Africa from India to run their small business in 1993.

They progressed from selling shoes from their car to running a multibillion-dollar conglomerate spanning mining, computer, airlines, energy, and media.

They befriended the ANC leadership shortly after apartheid ended by positioning themselves as alternatives to White people.

As a result, under Jacob Zuma, they were awarded key lucrative contracts ranging from electricity to railways, as well as numerous state contracts that they inflate and give to government officials.

To give you an insight into how powerful they were. During Jacob Zuma’s administration, they were the only private citizens that use the Presidential wing of the airport. Well after Jacob Zuma left, some emails leaked showing that the brothers might have helped Jacob Zuma and other top government officials to launder about $3.8 billion.

They ran away to Dubai in 2018 where they have been enjoying their loot until now, the UAE government agreed to arrest them and send them back to South Africa for trial. This is quite surprising because Dubai is a haven for financial criminals running away from their home countries. This might be a shift in UAE’s foreign policy. Well, the rise of the Gupta brothers has been as incredible as their fall. See less

About Post Author

Anthony-Claret Ifeanyi Onwutalobi

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.
Happy
0 0 %
Sad
0 0 %
Excited
0 0 %
Sleepy
0 0 %
Angry
0 0 %
Surprise
0 0 %