Skip to content
Search

Latest Stories

Interpol issues “red notice” against Gupta brothers, South African authority says

Interpol issues “red notice” against Gupta brothers, South African authority says

SOUTH AFRICAN prosecutors on Monday (5) announced that Interpol issued a "red notice" against the Indian-born Gupta brothers, who were allegedly a part of massive corruption racket in the country.

The announcement is seen as a key step towards extraditing them.


The three Gupta brothers -- Ajay, Atul and Rajesh -- are at the centre of a long-running investigation into the plunder of state assets during the tenure of former president Jacob Zuma from 2009 to 2018.

The Zondo Commission is examining the allegations along with the Zuma’s role in allowing the Gupta brothers to influence policy and misuse state resources.

In a statement, the prosecution authority's chief investigator, Hermione Cronje, said Interpol had issued a "red notice" against two of the brothers, Atul and Rajesh.

The red notice also applies to Atul Gupta's wife, Chetali.

Red notices are a global alert enabling law enforcers to arrest a person sought for prosecution or serving a sentence and detain them pending extradition.

They fled South Africa shortly after the judicial commission started investigation in 2018, and are suspected to be in the United Arab Emirates (UAE).

Atul and Rajesh Gupta are wanted in connection with a 25-million-rand (£1.3m) contract paid to a Gupta-linked company, Nulane Investments, to conduct an agricultural feasibility study, Cronje's office said.

The third brother, Ajay, who is not named in the red notice, is part of a separate case, it said.

Last month South Africa said it was close to finalising an extradition treaty with the UAE.

The prosecution authority became alert as Zuma sought to avoid jail after being sentenced to 15-month imprisonment by a constitutional court.

He was sentenced for failing to appear at the corruption inquiry led by deputy chief justice Raymond Zondo in February.

More For You

Kolhapuri sandal sales surge in India post Prada controversy

Customers shop for 'Kolhapuri' sandals, an Indian ethnic footwear, at a store in New Delhi, India, June 27, 2025. REUTERS/Adnan Abidi

Kolhapuri sandal sales surge in India post Prada controversy

INDIAN footwear sellers and artisans are tapping into nationalist pride stoked by the Prada 'sandal scandal' in a bid to boost sales of ethnic slippers with history dating back to the 12th century, raising hopes of reviving a struggling craft.

Sales are surging over the past week for the 'Kolhapuri' sandals that have garnered global attention after Prada sparked a controversy by showcasing similar designs in Milan, without initially crediting the footwear's origins.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Economy grew 0.7 per cent in Q1 2025, fastest in a year

THE UK economy expanded at its fastest pace in a year during the first quarter of 2025, driven by a rise in home purchases ahead of a tax deadline and higher manufacturing output before the introduction of new US import tariffs.

Gross domestic product rose by 0.7 per cent in the January-to-March period, the Office for National Statistics (ONS) said, confirming its earlier estimate. This was the strongest quarterly growth since the first quarter of 2024.

Keep ReadingShow less
Rosneft in early talks to sell India refinery stake to Reliance

Reliance Industries chairman Mukesh Ambani (Photo: Getty Images)

Rosneft in early talks to sell India refinery stake to Reliance

RUSSIAN oil major PJSC Rosneft Oil Company is in early discussions with Reliance Industries to sell its 49.13 per cent stake in Nayara Energy, an Indian energy company that operates a 20-million-tonnes-per-year oil refinery and 6,750 petrol pumps, sources familiar with the matter said.

The deal, if finalised, would see Reliance overtake state-owned Indian Oil Corporation (IOC) to become India’s largest oil refiner. It would also provide Reliance with a significant expansion in fuel retailing, where it currently holds a relatively small presence.

Keep ReadingShow less
modi-trump-getty
Trump shakes hands with Modi during a joint press conference at Hyderabad House in New Delhi on February 25, 2020. (Photo: Getty Images)
Getty Images

Key issues in India, US trade talks

TRADE talks between India and the US have hit a roadblock over disagreements on duties for auto components, steel and farm goods, Indian government sources said to Reuters, dashing hopes of reaching an interim deal ahead of president Donald Trump's July 9 deadline to impose reciprocal tariffs.

Here are the key issues at play:

Keep ReadingShow less
Anil Agarwal

Vedanta Resources, which is based in the UK and owned by Indian billionaire Anil Agarwal, has been working on reducing its debt. (Photo credit: Getty Images)

Getty Images

Anil Agarwal’s Vedanta Resources signs £438 million refinancing deal

VEDANTA LTD said on Thursday that its parent company, Vedanta Resources, has signed a loan facility agreement worth up to £438 million with international banks to refinance existing debt.

The refinancing move, where old loans are replaced by new ones, often at better terms like lower interest rates, has led ratings agencies such as S&P Global Ratings and Moody's to upgrade their outlook on the company this year.

Keep ReadingShow less