Gupta properties, bank accounts and vehicles have been seized by the NPA

Angelo Anderson
April 17, 2018

Officials from the National Prosecuting Authority's Asset Forfeiture Unit on Monday raided the Gupta family's estate in Saxonwold - the second swoop in two months.

The order was the result of criminal investigations by the Hawks, which led to the arrest and institution of criminal prosecution against several people.

As part of the investigation into the dairy, prosecutors have obtained a court order freezing 220 million rand ($21 million) in bank accounts and assets of several individuals and entities implicated pending a criminal trial.

Around 20 officials entered through the gates of the compound earlier on Monday, while police officers stood outside.

In October, the Financial Times reported the FBI had "opened an investigation into U.S. links to SA's Gupta family, escalating a political scandal over the three brothers' alleged use of their friendship with Jacob Zuma to control state business".


Gupta companies affected include Oakbay Investments, Islandsite Investments, Confidents Concept, Sahara Computer, Westdawn Investments, and Aerohaven Trading.

In January, the Hawks conducted search and seizure operations at Free State Premier Ace Magashule's offices and the provincial office of the department of agriculture. The Gupta family spokesman could also not be reached.

The Guptas are believed to have used the project to loot state funds.

The case involves a £15 million deal involving a state-backed dairy farm in one of the country's poorest provinces that was meant to help the community.

Other reports by Iphone Fresh

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