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'Its cool Guptas have been found un-cool to do business with US,' says Eusebius

11 October 2019 11:33 AM
Tags:
Guptas
US
Salim Essa
Sanctions
Eusebius McKaiser weighs in on the sanctions against the controversial family.

The United States Treasury department's foreign assets control office on Thursday listed a number of sanctions against members of the controversial Gupta family and their business associate Salim Essa.

The sanctions mean that Guptas, along with Essa are prohibited from conducting business in the US.

RELATED: US explains financial sanctions and visa restrictions on Guptas and Salim Essa

Eusebius McKaiser and callers weigh in on these sanctions.

I am a bit embarrassed that a foreign government is taking action.

Eusebius McKaiser, Presenter

He says when Vuyo Mvoko on eNCA interviewed a US official on Thursday, it was the official's answer that he was interested in.

Mvoko asked the official based on what evidence were these sanctions imposed as the Guptas haven't been found guilty of anything. They were clear, it was on the basis of the compelling evidence that was already in the public domain. I thought that the answer was correct, yet we struggle to make judgement calls based on compelling evidence of the nefarious influence that the Guptas have.

Eusebius McKaiser, Presenter

Yunis, a caller, says he welcomes the move by the US to impose sanctions on the Guptas and their business associate, however, there are points that people need to take into consideration.

America has not imposed sanctions on its own companies like McKinsey & Company who were complicit in corruption in this country and I find that a bit of a contradiction.

Yunis, Caller

Eusebius says he agrees with some points that Yunis makes but has another view on the matter.

I find it cool that one of the biggest looters in South Africa has been found to be too uncool to do business with one of the biggest economies in the world, let us hope the NPA [National Prosecuting Authority] gets a move on it here.

Eusebius McKaiser, Presenter

Listen below to the open line:


11 October 2019 11:33 AM
Tags:
Guptas
US
Salim Essa
Sanctions

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