By: Rithika Siddhartha
THE Federal Bureau of Investigation (FBI) has opened an investigation into US links to South Africa’s Guptas, escalating a scandal over the family’s alleged use of a friendship with President Jacob Zuma to control state businesses, the Financial Times said today (19). Separately, Britain’s banking regulator, the Financial Conduct Authority (FCA), said it was in contact with two UK banks over any possible links to the Gupta family. The Guptas and Zuma have denied any wrongdoing. Gupta family spokesman Gary Naidoo could not be reached for comment and the US Embassy in Pretoria had no immediate comment. The family, founders…
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