LISTICLE: Seized Gupta assets revealed

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File: The Zondo commission has conducted an inspection of the Gupta family’s Saxonwold compound with former ANC MP Vytjie Mentor.

JOHANNESBURG – The controversial Gupta family have been in the headlines recently for all the wrong reasons with officials seizing assets in a raid on their Saxonwold home on Monday.

The Asset Forfeiture Unit (AFU), South African Revenue Services (Sars) along with the Hawks and the South African Police Services (Sars) were involved in the operation.

Last week, the National Prosecuting Authority (NPA) obtained a restraining order to seize assets belonging to the Indian brothers for their role in the Estina Dairy Farm project.

The farm, meant to benefit black farmers, was instead used to syphon funds from the state through the flouting of procedural rules.

READ: Gupta plane grounded in corruption probe

eNCA compiled a list of some of the items being seized:

 

  • 43 properties, including residential, farm and business properties

 

  • Two aircraft

 

  • One helicopter

 

  • Vehicles, including a Porsche, Lamborghini and Range Rovers

 

 

The order makes provision for the restraint of several assets to the value of just over R250 million, pending the finalisation of the criminal trial and upon conviction.