South Africa: Guptas Under Microscope for 'State Capture'
Oakbay Investments is a company owned by the brothers Gupta who are named in a "state capture" report released by former Public Protector Thuli Madonsela, in which they are accused of having undue influence on President Jacob Zuma, the appointment of ministers to key portfolios and allegedly acquiring stakes in businesses and state-owned enterprises by dubious means.
News24Wire, 16 January 2017
The only way to test the "Guptagate" allegations made by whistleblowers - including Deputy Finance Minister Mcebisi Jonas - about state capture would be through a commission of… Read more »
South Africa: State Capture & Energy Policy
AfricaFocus, 23 January 2017
"Eskom, accused of overly cozy ties with the Guptas featured heavily in the report, with 916 mentions. ... it's Eskom's chief executive, Brian Molefe, who comes out looking the… Read more »
Top: Title image of the 'State of Capture' report. Bottom-left: EFF supporters protest in Church Square, Pretoria. Bottom-right: File photo of Atul Gupta and President Jacob Zuma. (file photo).
IFP, 22 January 2017
The Inkatha Freedom Party supports the long overdue call made this weekend by Minister Lynne Brown into the establishment of a commission of inquiry into the questionable and quite… Read more »
South Africa: Gupta Allies Buying Bank Face Intense Scrutiny
News24Wire, 17 January 2017
Gupta allies Salim Aziz Essa and Hamza Farooqui will require Finance Minister Pravin Gordhan's sign-off to buy Habib Overseas Bank in a deal worth R450m. Read more »
News24Wire, 18 January 2017
Alleged improper deals between the SABC and the Gupta-owned The New Age Media should be probed and, if there has been wrongdoing, be terminated. Read more »
Oakbay Investments, 20 January 2016
Van der Merwe & Associates, lawyers for Oakbay Investments, submitted an affidavit to the High Court in Pretoria in response to the application by Pravin Gordhan, the Minister… Read more »
ANC Secretary-General Gwede Mantashe has said that the ruling party needs to have a candid debate on state capture as Public Protector Thuli Madonsela's probe into overt political ... Read more »
The Gupta family has said that an affidavit filed by Finance Minister Pravin Gordhan over 72 "suspicious" transactions worth R6.8 billion will give them the opportunity to clear ... Read more »