Tax officials raid Gupta family properties in Uttar Pradesh, Delhi over alleged money laundering

Inspectors from the tax department, aided by armed policemen, raided nearly a dozen Gupta properties in their hometown of Saharanpur and their company offices in the Indian capital.

Published: 06th March 2018 11:50 PM  |   Last Updated: 07th March 2018 12:16 AM   |  A+A-

Image for representational purpose only.

By AFP

NEW DELHI: Indian tax officials Tuesday raided several properties belonging to the Gupta brothers over alleged money laundering, officials said, as the politically-connected business family faces a massive corruption scandal in South Africa.

Inspectors from the tax department, aided by armed policemen, raided nearly a dozen Gupta properties in their hometown of Saharanpur, the northern city of Dehradun and their company offices in the Indian capital.

The India-born Guptas, one of wealthiest business families in South Africa, are being probed over corruption charges by the African nation and their links to former president Jacob Zuma, who stepped down after multiple graft scandals.

A spokesperson for the Indian Tax Department in New Delhi confirmed to AFP that properties in the three cities were raided but declined to confirm whether the crackdown was linked to the scandal in South Africa.

A second tax official in their home state  Uttar Pradesh told AFP that they were acting on information that the brothers were bringing money illegally into India and violating tax laws.

"The raids were carried out today (Tuesday) after we received information that they were violating tax laws and were involved in money laundering," the official told AFP on condition of anonymity as he was not authorised to speak to the media.

The Gupta brothers  -- Atul, Ajay and Rajesh -- moved to South Africa in 1993 from their hometown Saharanpur, where they are revered and enjoy massive popularity owing to their meteoric success and wealth.

The Guptas are building a massive temple at a cost $15 million on a prime seven-acre piece of land in their hometown.

Local media reports linked the raids to the source of the funding for construction of the temple.

Last month, South African authorities raided Gupta properties in Johannesburg in the ongoing investigation into the graft scandal. 

Atul was declared a "fugitive from justice" by police after he did not respond to a summons.

Thirteen people are facing charges linked to allegations that millions of dollars of public money meant for poor South African dairy farmers was siphoned off by the Guptas.

They are also accused of receiving hugely favourable government deals during Zuma's presidency.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp