Economics
U.S. Sanctions Guptas, Essa Over Corruption in South Africa
Ajay Gupta and Atul Gupta in Johannesburg, South Africa, in 2011.
Photographer: Gallo Images/Business Day/Martin Rhodes
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The U.S. Treasury imposed sanction against four businessmen who it said were members of “a significant corruption network” in South Africa and had paid bribes and used other underhand measures to influence government appointments and contracts.
The sanctions were levied against brothers Atul, Ajay and Rajesh Gupta, and Salim Essa, said Sigal Mandelker, the Treasury’s under-secretary for terrorism and financial intelligence. The four have all denied wrongdoing.