Business Standard

South Africa looks to strip Gupta brother's residency

Ajay is one of three Indian-born Gupta brothers who are among South Africa's richest people who are now being investigated by police over corruption allegations

PNB scam and state-owned banks: The writing on the wall
Premium

AFPPTI Johannesburg
South Africa has launched proceedings to strip the permanent residency status of one of the lynchpins of a controversial Indian business family accused of corruption, an official said on Sunday.
 
Ajay Gupta, a fugitive sought by police over alleged graft, now faces the prospect of losing access to banking facilities as well as his South African identity papers if his residency is rescinded.
 
Ajay is one of three Indian-born Gupta brothers who are among South Africa's richest people who are now being investigated by police over corruption allegations. The country's graft watchdog has also accused them of having

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in