FBI investigates US links to Guptas

File: A company belonging to the nephews of Ajay and Atul Gupta (pictured), Ashish and Amol Gupta, is reportedly being probed by the FBI. Photo: Gallo Images/Business Day/Martin Rhodes

JOHANNESBURG – The Federal Bureau of Investigation (FBI) is investigating US links to the Gupta family, the Financial Times reported on Thursday.

Investigators are reportedly looking into certain individuals, bank accounts and companies in the US, allegedly involved in corrupt activities with the controversial family.

It is believed the American investigation is considering information revealed in the so-called Gupta leaks earlier this year.

READ: Hawks confirm Gupta emails probe

The leaks comprised hundreds of thousands of documents and emails detailing the family’s involvement in state capture, involving state-owned entities and high-ranking government officials and politicians, including President Jacob Zuma and his family.

The FBI investigation reportedly will focus on the nephews of Atul and Ajay Gupta - Ashish and Amol Gupta, who are American citizens.

The Financial Times reported that Ashish and Amol own a company that received money from a Dubai-based firm linked to Atul and Ajay Gupta.

Earlier in October, the corruption scandal surrounding the Guptas made headlines in the US, when the Wall Street Journal described the plethora of allegations surrounding the family in a front-page article.

READ: Corruption claims are political smear: Guptas

In a separate report, the FT reported that Britain’s finance minister had asked UK financial enforcement agencies to investigate possible links between the Gupta family and HSBC and Standard Chartered banks.

Chancellor Philip Hammond reportedly said there are concerns the banks may have handled illegal funds linked to the Guptas siphoned via Hong Kong and Dubai.

Concerns about these transactions were brought to Hammond by former Labour cabinet minister Peter Hain. The matter is expected to be raised in the House of Lords on Thursday.

 

eNCA

Discussion Policy

eNCA.com would like to send you push notifications.
Notifications can be turned off any time in your browser settings.
You have been registered for browser notifications