• Wednesday, August 17, 2022

Business

Indian tax officials raid Gupta family properties

Ajay (left) and Atul Gupta

By: Sarwar Alam

Indian tax officials on Tuesday (6) raided several properties belonging to the Gupta brothers over alleged money laundering, officials said, as the politically-connected business family faces a massive corruption scandal in South Africa. Inspectors from the tax department, aided by armed policemen, raided nearly a dozen Gupta properties in their hometown of Saharanpur, the northern city of Dehradun and their company offices in the Indian capital. The India-born Guptas, one of wealthiest business families in South Africa, are being probed over corruption charges by the African nation and their links to former president Jacob Zuma, who stepped down after multiple…

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