FBI to probe Guptas over SA, Dubai and USA cash flows

It has been reported that the Federal Bureau of Investigation (FBI) is investigating the Gupta family for the flow of money between South Africa, Dubai and the United States of America.

British authorities are also looking into transactions that have come through banks such as HSBC and Standard Chartered for possible links to the Guptas.

According to EWN reporter Barry Bateman, the focus of the FBI's investigation are the nephews of Atul and Ajay Gupta, Ashish and Amol Gupta.

They are directors on a company in Texas in the United States. It is alleged that the Guptas are acting as middle man to secure contracts from Transnet.

Barry Bateman, EWN reporter

One of the crane suppliers for Transnet has alleged that they paid funds into a company belonging to the Guptas in Dubai. We understand it's a front company.

Barry Bateman, EWN reporter

That money was then moved to the United States to these nephews. So that's the movement of money that they are looking at.

Barry Bateman, EWN reporter

To hear the rest of the interview, listen below:


Recommended

by NEWSROOM AI
Read More
Eskom Inquiry: "It was more organised crime than corruption" - Blom

Eskom Inquiry: "It was more organised crime than corruption" - Blom

Ted Blom, Former Eskom Employee talks about his testimony at Eskom Inquiry.

Malusi Gigaba’s advisor set up meeting with Guptas – ex Eskom CEO Brian Dames

Malusi Gigaba’s advisor set up meeting with Guptas – ex Eskom CEO Brian Dames

Bruce Whitfield interviewed EWN reporter Rahima Essop and Prof Somadoda Fikeni, Adviser to Unisa's Vice-Chancellor.

Minister Zwane confirms trips to Dubai and Switzerland

Minister Zwane confirms trips to Dubai and Switzerland

EWN parliamentary correspondent Gaye Davis says Mineral Resources Minister Mosebenzi Zwane received detailed and tough questions.

Vavi: I can't sleep at night for making Zuma the president

Vavi: I can't sleep at night for making Zuma the president

Zwelinzima Vavi says South Africa is paying dearly for choices they've made in being angry with Mbeki and not thinking logically.

Where are the whites at DA led marches?

Where are the whites at DA led marches?

DA's Makashule Gana penned an article in which he responds to journo Karyn Maughan's criticism of the party's marches.

Eskom appoints a new CEO every 104 days - Mantshantsha on Sean Maritz

Eskom appoints a new CEO every 104 days - Mantshantsha on Sean Maritz

Eskom’s new acting CEO Sean Maritz was appointed and reported to suspended executive Matshela Koko.

Trevor Manuel talks corporate responsibility in the era of state capture

Trevor Manuel talks corporate responsibility in the era of state capture

Former finance minister Trevor Manuel has asked where the governance is when everybody is involved in the corruption cesspool.

Eskom ignored warnings over McKinsey and Trillian

Eskom ignored warnings over McKinsey and Trillian

A damning report by Eskom’s own legal team has revealed that the utility deliberately ignored advice at least four times.

'Impossible for strike to happen in election season with no political slogans'

'Impossible for strike to happen in election season with no political slogans'

Analyst Tinyiko Maluleke says it's confusing to know the focus of Cosatu's strike with so many issues on the table.

Meet Outa's Wayne Duvenage; fighting etolls, Eskom (and others) on our behalf

Meet Outa's Wayne Duvenage; fighting etolls, Eskom (and others) on our behalf

Ray White interviews Wayne Duvenage, Chairperson at the Organisation Undoing Tax Abuse (OUTA).

Popular articles
News24 exposes how big SA corporates are funding fake news

News24 exposes how big SA corporates are funding fake news

A News24 investigation has exposed how some of South Africa's biggest companies have been advertising on fake news websites.

7 expert tips on how to make your breakfast healthier

7 expert tips on how to make your breakfast healthier

Nutrition and diet expert, Catherine Pereira, shares some advice on how to make healthier decisions for your morning meals.

[WATCH] Man exposes people selling stolen goods on Facebook

[WATCH] Man exposes people selling stolen goods on Facebook

Anton Fourie says he used his phone to record the interaction to create awareness of what is going on in the community.

Zondi tells court that she had to 'look happy' in church out of fear for Omotoso

Zondi tells court that she had to 'look happy' in church out of fear for Omotoso

Cheryl Zondi is testifying against Pastor Timothy Omotoso who is accused of rape and human trafficking in his Durban church.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.