Guptas Sun City Wedding Attracts Criminal Charges For Using Public Funds

Advertisement

The Guptas Sun City wedding has attracted criminal charges for the Indian family after it was disclosed that the wedding wasn’t a display of family wealth as we all thought it was.

It was revealed that the Guptas’ Linkway Trading (Pty) Ltd. facilitated the diversion of cash (R30 million) mapped out for the Free State’s Vrede dairy project to reimburse most of the wedding expenses.

It’s said that KPMG, the auditors of Linkway ensured that the Guptas paid zero taxes on their Free State government windfall by allowing Linkway to account for the wedding as a ‘business expense’.

Read Also – Sexwale On #GuptaLeaks: Don’t Wait Until You Are Exposed

As alleged, a total of $8,099,950 was transferred from ‘Estina’, a 4 400-hectare farm outside Vrede funded by the Free State government.

It was then washed through Gupta front companies through the Standard Chartered and the State Bank of India before being used to settle a $3,333,400 account via Linkway for Vega Gupta and Aakash Jahajgarhia’s wedding at Sun City in 2013.

The allegations surrounding the Guptas Sun City wedding is better illustrated by the diagram below:



Following the revelation, the Democratic Alliance (DA) party divulged that it will lay criminal charges against the Guptas for washing public funds through Dubai.

Confirming this, DA’s Shadow Minister of Finance, David Maynier MP said:

“I will lay charges against Atul Gupta, Ajay Gupta, Rajesh Gupta, Ronica Ragavan and Kamal Vasram, in terms of the Prevention of Organized Crime Act (No. 121 of 1998) and the Prevention and Combating of Corrupt Activities Act (No. 12 of 2004), with the South African Police Service following revelations that public funds were used to pay for Vega Gupta and Aakash Jahajgarhia’s wedding at Sun City in 2013.”

See Also – Gupta-Transnet Deal: Gupta Associates Forged A Letter Using Nene’s Name

DA hopes that the matter will be properly investigated. To the party, “it is grotesque that President Jacob Zuma’s most important clients, the Guptas, used public funds, meant to assist the poor, to pay for Vega Gupta and Aakash Jahajgarhia’s wedding…”

Meanwhile, DA has asked Joanmarie Fubbs, the Chairperson of the Portfolio Committee on Trade and Industry to launch an inquiry into the 2012 appointment of Chinese firm, CRRC, by Prasa.

Specifying that CRRC was birthed by the merger between Gupta-linked China South Rail and China North Rail, DA agitated that it’s not right the firm received R50 billion tender after it was contracted to supply 591 of 1064 trains Prasa had commissioned but has failed to meet the required localisation targets.

Topics: > >