SA Is ‘Gupta Republic’; They Have Started Shifting Billions To Dubai – EFF


In a statement issued today, The Economic Freedom Fighters said they are fully aware of “the Gupta network of corruption in South Africa” and will always dedicate their fight to exposing them.

According to the fighters, the Guptas in a state capture, laid siege to South Africa and are now shifting billions to Dubai. Stressing that the family looted South Africa, EFF stated that they “have already started to move lots of money out of South Africa to tax havens.

It is not rumours or innuendos; the Guptas have already started packing their bags and are in the process of moving their assets to Dubai. The Guptas have moved more than R2 billion of their ill-gotten gains.”

Read Here: Gupta Brothers Are Leaving South Africa To Settle In UAE

Thus, they demanded of the Guptas to abide by the rules governing “capital taxation and withdrawal” in South Africa highlighting that “there is a levy of 10% on all monies moved out of South Africa according to the South African Reserve Bank (SARB) regulations” regarding transfer of capital.

“In case of the Guptas, this will amount to more than R200 million, as a 10% of the R2 billion the Guptas have already moved to Dubai,” EFF informed.

But then, wailed that the Guptas’ have managed to move R2 billion without paying a cent because they are Jacob Zuma’s darlings.

Based on what the EFF said, the 10% levies were waived for some unknown reasons, the president allegedly benefited from it, the Finance Minister – Pravin Gordhan was informed about it and other “tax irregularities Mr. Jacob Zuma has allegedly benefited from,” and that is the reason for the war between the president, Gordhan and South African Revenue Services (SARS) Commissioner – Tom Moyane.

With that, the opposition  party disclosed that they have demanded of relevant authorities like the “Commissioner of SARS, Minister of Finance, Governor of the Reserve bank, and Director of the Financial Intelligence to coordinate an investigation into tax irregularities, financial crimes and possible corruption involving Mr. Zuma’s interference into the working of the Reserve Bank.”

Thereafter, EFF warned the Guptas to stop treating South Africa like a lawless nation but respect the sovereignty and financial regulation of the country.

We further warn all individuals in the Guptas paycheck, including Mr. Zuma’s son Duduzile, the Minister of Mineral Resources Sbebenzi Zwane, Minister of Home Affairs, and everyone involved, who continues to conduct corrupt practices to protect the Guptas…(your) names will be exposed and submitted to the relevant authorities.

Also, the EFF acknowledged media reports about Guptas offering Mcebisi Jonas, the Deputy Minister of Finance, the Finance Miniister position some weeks before Nhlahla Nene was axed.

To that, the related that they can “confirm that the meeting took place and Guptas offered the Deputy Minister the job of Minister of Finance because Guptas are the ones who run affairs of the State under Jacob Zuma’s administration.

Guptas run Jacob Zuma’s administration and the sooner those who deployed him realize this the better,” EFF iterated stating that “South Africa has been turned into a Gupta Republic and anyone who still has doubts about this suffers from psychological decay.

The Guptas are in charge of South Africa and they are in a business relationship with Jacob Zuma, through his son Duduzane Zuma.

All corrupt presidents all over the world use their children to do business, and that is exactly what Jacob Zuma is doing through his son with the assistance of the Guptas.”

Read Also: ‘Stop The War Against The Guptas’ Court Tells The EFF

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