Bigger India

Gupta Empire crumbles as Jacob Zuma exits South African Presidency

The Guptas became household names in South Africa in 2013 when they secured access to the Waterkloof airforce base for their wedding guests.

For years, brothers Ajay, Atul and Rajesh Gupta were ranked among South Africa’s most prominent businessmen and socialized with the ruling elite, including their friend, then-President Jacob Zuma.

They weathered accusations that they’d exploited their political connections to land an aircraft at a high-security military base to ferry guests to a private wedding, installed their allies in key positions at state companies, tried to influence cabinet appointments and looted billions.

 

Read it at Economic Times

Leave a Reply

Your email address will not be published. Required fields are marked *