• Friday, March 29, 2024

HEADLINE STORY

Lord Hain wants UK to probe bank’s links with South Africa’s Gupta family

Allegations: South Africa’s president Jacob Zuma

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…

You do not have access to this content. You need to subscribe.

Related Stories

Videos

Mrunal Thakur on Dhamaka, experience of working with Kartik Aaryan,…
Nushrratt Bharuccha on Chhorii, pressure of comparison with Lapachhapi, upcoming…
Abhimanyu Dassani on Meenakshi Sundareshwar, how his mom Bhagyashree reacted…