World closes in on Guptas – Lord Robin Renwick

Loading player...
South Africans have long been wondering why the Guptas were allowed to continue living lavishly and flaunting expensive weddings overseas with the taxpayers money that they extracted from their lucrative contracts with corrupt officials from the Zuma era. From their Saxonwold lair they decamped to a R445m mansion in Dubai to avoid arrest and prosecution. And now finally justice is starting to catch up with them with the decision of the US to place sanctions on the Guptas, described as “members of a significant corruption network in South Africa that had leveraged their political connections to engage in widespread corruption and bribery, capture government contracts and misappropriate state assets.” The South African Justice Department said the US was one of the seven countries they had approached for mutual legal assistance to have the Guptas extradited to face state capture allegations; the other are the UAE, China, Hong Kong, Canada and Switzerland. The former ambassador of the UK to South Africa, Lord Robin Renwick has long been a campaigner to bring the Guptas to justice and has written a book, “How to steal a country” which details the Gupta links to the Zuma kleptocracy. Speaking from London, he said explained how the world would suddenly become a lot smaller place for the Guptas, now that the US has zoomed in on them and Salim Essa. - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
11 Oct 2019 10AM English South Africa Investing · Business News

Other recent episodes

Dr Lennit Max: Non-racial, merit-based appointments of four new police commissioners

In his latest interview with Chris Steyn, former Western Cape Provincial Police Commissioner, Dr. Lennit Max hails the appointments of four new provincial commissioners. “This time around I am very pleased that the Acting National Commissioner in her wisdom decided that there's merit among people of colour.” He points out…
3 Aug 8AM 33 min

BN Daybreak: SA corruption probes; Trump’s Iran pause; SpaceX upcoming earnings, FIFA backlash

Today's BizNews Daybreak examines Japan’s US-coordinated currency intervention, OPEC+ production increases, and energy lobby opposition to US biofuels legislation. South Africa’s corruption commission delivers unprecedented accountability, while Donald Trump pauses planned Iran strikes pending rapid talks. Meanwhile, the S&P 500 opens at 7,489 and SpaceX prepares for a high-stakes earnings…
2 Aug 11PM 13 min

BN Daybreak: Apple earnings; Amazon AWS; RMB housing; Anglo’s SA exit; Tesla China sale

Today's BizNews Daybreak covers Apple's quarterly results, Rivian's SUV success, and Anthropic's AI breach, alongside a semiconductor rally driven by Microsoft and Oracle. Football federations oppose FIFA selling World Cup stakes, while Donald Trump claims a Gaza disarmament agreement. Meanwhile, Alec Hogg discusses Anglo American’s South Africa exit, RMB launches…
30 Jul 11PM 14 min