South Africa: State Capture - UK Serious Fraud Office Aware of Guptas' Overseas Banking Networks

analysis

On Thursday, Labour peer Lord Peter Hain of Neath tabled a question in the British House of Lords asking Chancellor of the Exchequer, Philip Hammond, to ensure that UK law enforcement agencies, including the Serious Fraud Office, investigate HBSC, Standard Chartered and Baroda Banks for possibly acting as conduits for the allegedly corrupt proceeds amassed by the Gupta family in their business dealings in South Africa. Hain has listed 27 individuals including 11 members of the Gupta family and their associates as well as President Jacob Zuma and 11 members of his family. By MARIANNE THAMM.

The question Lord Hain is posing to the House of Lords reads:

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