By: Rithika Siddhartha
LABOUR peer Lord Peter Hain said yesterday (1) he had asked chancellor Philip Hammond to refer an unidentified UK bank to regulators for an investigation into possible involvement in alleged money laundering involving South Africa’s Gupta family. Lord Hain hand delivered documents to Hammond on Tuesday (31) that he said showed participation of an unidentified British bank in illegal transfers of funds from South Africa made by the Gupta family over the last few years. The Guptas, a family of India-born businessmen in South Africa, are under scrutiny for their close ties to South African president Jacob Zuma and…
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