Streaming issues? Report here
money-show-thumbnailjpg money-show-thumbnailjpg
The Money Show with Bruce Whitfield
18:00 - 20:00
volume_up
volume_mute

Up Next: The Aubrey Masango Show
See full line-up
The Money Show with Bruce Whitfield
18:00 - 20:00
Home
arrow_forward
Local
fiber_manual_record
World

Guptas, Salim Essa cannot do business with us, says US government

10 October 2019 5:15 PM
Tags:
Gupta family
Salim Essa
Commission of Inquiry into State Capture

U.S. Department of the Treasury’s Office of Foreign Assets Control has sanctioned the Gupta brothers and Salim Essa for "their involvement in corruption in South Africa".

The US Treasury department's Foreign Assets Control office on Thursday prohibited members of the Gupta family and a business associate from doing business with the US or any US nationals.

The US Treasury announced that it has sanctioned Rajesh Gupta, Atul Gupta, Ajay Gupta and Salim Essa for their alleged involvement in corruption in South Africa.

This falls under an executive order issued in the United States.

They have been cited for over payments on government contracts, bribery, and other corruption claims to fund political contributions and influence government actions.

The US said Thursday's sanctions demonstrated the country's unwavering commitment to supporting the rule of law and accountability in South Africa.

The US government has also prohibited members of the Gupta family and associates from travelling to the US.

Acting US Ambassador to South Africa David Young: "The United States today imposed financial sanctions and travel restrictions on the three Gupta brothers and Salim Essa. What this means practically [is that] the four individuals are prohibited from travelling to the United States, the United States government can now seize any of their property that's held in the United States."

Through a statement on Thursday, the department said the US government made the decision in line with the Global Magnitsky Human Rights Accountability Act.

“The Gupta family leveraged its political connections to engage in widespread corruption and bribery, capture government contracts, and misappropriate state assets. Treasury’s designation targets the Guptas’ pay-to-play political patronage, which was orchestrated at the expense of the South African people,” said Sigal Mandelker, Treasury Under Secretary for Terrorism and Financial Intelligence. “The Guptas and Essa have used their influence with prominent politicians and parties to line their pockets with ill-gotten gains. We will continue to exclude from the U.S. financial system those who profit from corruption.”

The US department also called their dealings in South Africa "a significant corruption network".

The Guptas have been implicated in various allegations of corruption, along with former president Jacob Zuma. Relations between the family and Zuma has been the focal point of much of the Inquiry into State Capture, currently being chaired by Deputy Chief Justice Raymond Zondo.

The US Department of the Treasury has designated 118 individuals and entities under the act since it was signed in 2017.


This article first appeared on EWN : Guptas, Salim Essa cannot do business with us, says US government


10 October 2019 5:15 PM
Tags:
Gupta family
Salim Essa
Commission of Inquiry into State Capture

More from Local

Covid-19 workplace safety measures 123rf

Act, Mr Ramaphosa! Cosatu wants special courts to tackle COVID-19 corruption

3 August 2020 6:27 PM

On Monday, the federation released a statement expressing its concern over allegations of corruption against state officials.

Share this:
Read More arrow_forward

Electricity load shedding power outages 123rfpolitics 123rf

Soweto, Ivory Park affected as Eskom implements load reduction in four provinces

3 August 2020 6:00 PM

In Gauteng, residents in many parts of Ivory Park and Soweto will be affected from 5pm until 10pm.

Share this:
Read More arrow_forward

eskom-logojfif

Eskom and SIU seek to recoup funds lost to state capture corruption

3 August 2020 5:50 PM

The power utility and the Special Investigating Unit have approached the North Gauteng High Court to recoup R3.8-billion.

Share this:
Read More arrow_forward

cigarette-pack-smoker-tobacco-product-addiction-packet-smokes-smoking-123rf

South Africa to take part in a tobacco survey ahead of planned new restrictions

3 August 2020 5:46 PM

Business Insider Inc associate editor thinks the results of the survey may create a false baseline for South Africa.

Share this:
Read More arrow_forward

cellphone-mobile-phone-user-chat-texting-SMS-apps-city-skyline-123rf

5G infrastructure pushback: Research shows exposure not having effect on health

3 August 2020 5:20 PM

Communications acting director-general Nomvuyiso Batyi says we cannot conclude the technology radiation has cancer-causing cells.

Share this:
Read More arrow_forward

Tintswalo Makhubele

Zondo dismisses Judge Makhubele’s application to postpone her testimony

3 August 2020 4:25 PM

Eyewitness News reporter Nthakoana Ngatane has the details.

Share this:
Read More arrow_forward

alcohol-liquor-booze-drinking-glasses-whiskey-clinging-celebrations-123rf

Scientist says booze ban is helpful but offers alternatives so it can be lifted

3 August 2020 2:56 PM

South African Medical Research Council has called on the government to review the ban in alcohol sales.

Share this:
Read More arrow_forward

Visa

[LISTEN] Home Affairs extends validity of visas that expired during lockdown

3 August 2020 1:13 PM

Mandy Wiener spoke to Home Affairs Minister Aaron Motsoaledi to find out more.

Share this:
Read More arrow_forward

school-learner-child-pupil-writing-notebook-classroom-pencil-stationery-123rf

Sadtu says it will not hesitate to seek school break if COVID-19 flares up

3 August 2020 1:12 PM

The union will call on the department to say they should close down schools to ensure learners and teachers are not put in danger.

Share this:
Read More arrow_forward

Mkhwebane

Mkhwebane says she’s been inundated by reports of service failures during COVID

3 August 2020 11:29 AM

Busisiwe Mkhwebane's office also said 450 people have approached the chapter 9 institution, complaining that they were unfairly denied the monthly R350 special social relief grant.

Share this:
Read More arrow_forward

More from World

TikTok 123rf 123rfbusiness 123rfworld 123rflifestyle

Microsoft wants to buy TikTok. Donald Trump gives it 45 days to negotiate

3 August 2020 7:23 PM

[EXPLAINED] The Money Show’s Bruce Whitfield interviews Craig Wilson, Editor at Stuff Magazine.

Share this:
Read More arrow_forward

Bob Scholes

Climate Consciousness: This Wits professor has Earth's interests at heart

3 August 2020 7:00 PM

Scientists are stepping into the political arena to persuade politicians to take decisions that will save us from climate change.

Share this:
Read More arrow_forward

coronavirus

UPDATE: 180,532 COVID-19 cases for Gauteng to date, 126,784 recoveries

2 August 2020 10:54 PM

The number of national recoveries so far is 347,227, which translates to a recovery rate of 68% with 3.036,779 tests conducted.

Share this:
Read More arrow_forward

Apple

Apple delays release of new iPhone

31 July 2020 5:29 PM

Ray White speaks to tech expert Aki Anastasiou to find out more about this.

Share this:
Read More arrow_forward

Zimbabwean flag

Author Tsitsi Dangarembga and MDC's Fadzayi Mahere arrested during protest

31 July 2020 4:50 PM

Security forces blocked roads leading into Zimbabwe's two main cities on Friday to prevent anti-corruption protests.

Share this:
Read More arrow_forward

ei-7020-episodic-thumbnail-raees-254x161-fapng

Could this be the answer to Eskom’s failures?

20 July 2020 7:00 PM

Meet the man shining a renewable light at the end of the loadshedding tunnel.

Share this:
Read More arrow_forward

200115-malegapuru-makgoba-ejpg

Health Ombud Malegapuru Makgoba to serve in panel of USA COVID-19 vaccine trial

8 July 2020 8:14 AM

Makgoba is one of three non-Americans to serve on this 12 person panel.

Share this:
Read More arrow_forward

claudine-storbeckpng

Breaking the silence: How Claudine Storbeck is amplifying the voice of the deaf

6 July 2020 7:00 PM

Professor Storbeck is advocating for universal screenings to detect deafness in newborns before they are discharged from hospital.

Share this:
Read More arrow_forward

Missing Image Placeholder

[LISTEN] Why the 'Stop Hate for Profit' campaign has gained momentum

1 July 2020 4:47 PM

The 'Stop Hate for Profit' has seen advertisers pull out from Facebook for apparently turning a blind eye to hate speech.

Share this:
Read More arrow_forward

191024-malawi-flagjpg

Lazarus Chakwera sworn in as Malawi president

29 June 2020 1:32 PM

Chakwera defeated incumbent Peter Mutharika with 58.57% of the vote in Tuesday's poll.

Share this:
Read More arrow_forward