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S African Reserve Bank seizes R20m from Gupta-owned Sahara Computers' bank

The South African Reserve Bank (SARB) has seized almost R20 million from a local bank account of the now-abandoned Gupta-owned Sahara Computers.
SARB Deputy Governor Kuben Naidoo published a notice in this week s Government Gazette, declaring the amount and interest accrued at major institution Nedbank to be forfeited to the state.
Sahara Computers was the first major IT company started by the three Gupta brothers, Ajay, Atul and Rajesh, originally from Saharanpur in Uttar Pradesh, after they settled in South Africa at the dawn of democracy under Nelson Mandela in the 1990 s.
The family is now in self-exile in Dubai as South Africa continues extradition efforts to return them for questioning in their alleged role in state capture involving billions of rands from state-owned institutions. ....

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South Africa seizes US$ 1.3 mn from Gupta company's bank account

Johannesburg, April 2
South Africa s central bank has seized over USD 1.3 million from a bank account of the now-abandoned Gupta-owned Sahara Computers, which was once the country s leading IT suppliers.
South African Reserve Bank (SARB) Deputy Governor Kuben Naidoo published a notice in the Government Gazette, declaring the amount and interest accrued at major institution Nedbank to be forfeited to the state.
The SARB seized almost Rand 20 million (USD 1.3 million) from a local bank account of the company.
Sahara Computers was the first major IT company started by the three Gupta brothers Ajay, Atul and Rajesh, who are originally from Uttar Pradesh s Saharanpur, after they settled in South Africa at the dawn of democracy under Nelson Mandela in the 1990 s. ....

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South Africa seizes USD 1.3 mn from Gupta family-owned company's bank account

South Africa seizes USD 1.3 mn from Gupta family-owned company's bank account
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South Africa seizes USD 1.3 million from Gupta company's bank account

South Africa seizes USD 1.3 million from Gupta company s bank account
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Last Updated: Apr 02, 2021, 09:27 AM IST
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Synopsis
South African Reserve Bank (SARB) Deputy Governor Kuben Naidoo published a notice in the Government Gazette, declaring the amount and interest accrued at major institution Nedbank to be forfeited to the state.
AP
In 2017, the massive Sahara Computers offices were left abandoned, with media reports indicating that the company still owed creditors nearly half-a-billion Rand.
South Africa s central bank has seized over USD 1.3 million from a bank account of the now-abandoned Gupta-owned Sahara Computers which was once the country s leading IT suppliers. ....

South Africa , Uttar Pradesh , United Arab Emirates , South African , Uttar Pradesh Saharanpur , Nelson Mandela , Kuben Naidoo , Jacob Zuma , Subrata Roy Sahara , Commission Of Inquiry , Sahara Computers , African Reserve Bank , Gupta Owned Sahara Computers , Deputy Governor Kuben Naidoo , Government Gazette , South African Rands , Subrata Roy , Sahara India Pariwar , Gupta Brothers , Bank Of Baroda , உத்தர் பிரதேஷ் , ஒன்றுபட்டது அரபு அமீரகங்கள் , உத்தர் பிரதேஷ் சஹரன்பூர் , நெல்சன் மண்டேலா , ஜாகோப் ஜும , சுப்ரதா ராய் சஹாரா ,

South Africa Seizes $1.3 Million From Gupta Company's Bank Account

South Africa Seizes $1.3 Million From Gupta Company's Bank Account
thewire.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewire.in Daily Mail and Mail on Sunday newspapers.

South Africa , Uttar Pradesh , United Arab Emirates , South African , Uttar Pradesh Saharanpur , Nelson Mandela , Kuben Naidoo , Jacob Zuma , Subrata Roy Sahara , Commission Of Inquiry , Sahara Computers , African Reserve Bank , Gupta Owned Sahara Computers , Government Gazette , Subrata Roy , Sahara India Pariwar , உத்தர் பிரதேஷ் , ஒன்றுபட்டது அரபு அமீரகங்கள் , உத்தர் பிரதேஷ் சஹரன்பூர் , நெல்சன் மண்டேலா , ஜாகோப் ஜும , சுப்ரதா ராய் சஹாரா , தரகு ஆஃப் விசாரணை , சஹாரா கணினிகள் , குப்தா ஓஂட் சஹாரா கணினிகள் , அரசு கஸெட் ,