R760-million laundered by the Guptas through fake companies in Dubai

The Guptas and their associates have laundered a staggering R760-million through fake companies in Dubai. The figure may be much higher, most of which was earned through payments from state-owned enterprise and government departments.

R760-million laundered by the Guptas through fake companies in Dubai

Approximately 6 fake Gupta-linked companies were used to channel the money through bank accounts in Dubai, these companies either had fake addresses or no actual employees.

Briefly.co.zalearned from Enca.co.za that one of the fake companies, JJ Trading, addresses had never heard of the company, a further three other companies had fake addresses where no one had ever heard of them.

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Only one office was located, Griffin Line General Trading, but the door was locked and no employees in site.

With the FBI and British starting to investigate the Guptas the noose is starting to tighten, and if it is so easy to locate or in this not locate the Guptas offices the FBI will not have much trouble especially with the Gupta leaked emails.

R760-million laundered by the Guptas through fake companies in Dubai

The German software giant has voluntarily given over all its records pertaining to any deals with the Guptas and even went as far as to confess to having paid what was effectively a bribe to a Gupta linked company in order to secure a lucrative contract with the South African government.

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The company agreed to pay as much as 10% of the value of the contract as a sales commission.

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  • R760-million laundered by the Guptas through fake companies in Dubai

    R760-million laundered by the Guptas through fake companies in Dubai

    R760-million laundered by the Guptas through fake companies in Dubai

    R760-million laundered by the Guptas through fake companies in Dubai

    R760-million laundered by the Guptas through fake companies in Dubai

    R760-million laundered by the Guptas through fake companies in Dubai

    R760-million laundered by the Guptas through fake companies in Dubai

    R760-million laundered by the Guptas through fake companies in Dubai

    R760-million laundered by the Guptas through fake companies in Dubai

    R760-million laundered by the Guptas through fake companies in Dubai

    R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai R760-million laundered by the Guptas through fake companies in Dubai