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Gupta empire crumbles as Jacob Zuma exits South African presidency

The Guptas arrived in South Africa from India in the early 1990s and built up a business empire with interests ranging from mining to pay television

Jacob Zuma
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Photo: Wikipedia Commons

Renee Bonorchis and Loni Prinsloo | Bloomberg
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 of rand of taxpayer funds. Law enforcement agencies took no visible action against them, saying only that investigations were ongoing.

That all changed on Feb. 14, when Zuma quit as

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