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REUTERS
April 17, 2018

Authorities raid Gupta compound in Johannesburg

World

REUTERS
April 17, 2018

JOHANNESBURG: South African police on Monday raided the compound of former president Jacob Zuma’s allies the Guptas, who were accused two years ago in a report by a corruption watchdog of using their influence to gain control of state companies and contracts.

The National Prosecuting Authority’s (NPA) spokesman Luvuyo Mfaku said the raid was part of an investigation into theft, fraud and money laundering at a state-backed dairy project in the Free State province meant to benefit the local community. The Gupta brothers have denied any wrongdoing in a scandal that contributed to Zuma’s fall as president and the election by parliament in February of President Cyril Ramaphosa on a platform of reviving the economy and cracking down on government corruption. As part of the investigation into the dairy, prosecutors have obtained a court order freezing 220m rand ($21m) in bank accounts and assets of several individuals and entities implicated pending a criminal trial. Mfaku said the probe was meant to address “corruption in the private sector and ensuring the recovery of government losses”.

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