Guptas lose bid to overturn R90m judgment for Bank of Baroda loan
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How Gupta Brothers of Saharanpur caused turmoil in South Africa
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Kuben Naidoo, Deputy Governor of the South African Reserve Bank, has ordered the forfeit to the state of nearly R20m – ‘and any interest thereon’ – from the account of now-defunct company, Sahara Computers. This is according to MyBroadband, who report that Reserve Bank ‘has now published a notice and order of forfeiture related to Sahara Computers (Pty) Limited’. The company – which was operated by the notorious Gupta family – shut its doors for good three years ago as a result of the Gupta’s alleged involvement in state capture and various other corrupt scandals. This article was first published on MyBroadband. – Jarryd Neves