The full list of 72 “dodgy” Gupta transactions amounting to R6.8 billion

Court papers filed by finance minister Pravin Gordhan, detailing almost R7 billion in “suspicious” payments made by the Gupta family, have made their way into the public domain.

Gordhan on Friday launched an application in the High Court in Pretoria in the latest development in the ongoing drama around the Gupta family and their alleged abuse of state resources.

Gordhan wants the court to declare that, as finance minister, he is in no way obligated to help the Guptas in their battle with South Africa’s largest banks, all of whom had terminated their banking relationships with the Guptas and their companies earlier this year.

In support of his argument that the banks may have had good reason to close the Gupta accounts, Gordhan has attached in his application a document from the Financial Intelligence Centre (FIC) detailing transactions made by Gupta-linked companies between 2012 and June 2016. The transactions are valued at R6.8bn and had been classified by the FIC as “suspicious”.

News24 has published the full list of 72 transactions, including the rand value, where applicable.

According to the report, citing a source, the transaction were reported as suspicious or unusual as they did not relate to “any apparent legitimate business transactions” involving the Guptas and their companies.

Transactions highlighted under these conditions by the Financial Intelligence Centre are typically involved in the funding of terrorism, evasion of tax, or simply have no lawful business purpose.

# Date Subjects reported Value (ZAR)
1 10 Dec 2012 Ajay Gupta R859 933
2 17 May 2013 Ajay Gupta R961 932
3 17 May 2013 Rajesh Gupta, Shubhangi Gupta R961 932
4 17 May 2013 Atul Gupta R31 009
5 20 May 2013 Atul Gupta R948 150
6 11 Jul 2013 Atul Gupta R961 932
7 6 Feb 2014 Atul Gupta R38 000 000
8 7 Feb 2014 Atul Gupta R38 000 000
9 10 Apr 2014 Tegeta Resources R5 000 000
10 24 Jul 2014 Rajesh Gupta R32 045
11 12 Dec 2014 Oakbay Resources R2 000 000
12 15 Dec 2014 Atul Gupta R1 070 749
13 6 Feb 2015 Shiva Uranium R6 000 000
14 16 Mar 2015 Sahara Computers, Ajay Gupta, Atul Gupta, Rajesh Gupta R1 550 000
15 26 Jan 2016 Annex Distribution R1 242 386
16 4 Feb 2016 Atul Gupta R17 133 000
17 5 Feb 2016 Sahara Holdings Multiple Transactions
18 5 Feb 2016 Sahara Holdings Multiple Transactions
19 7 Feb 2016 Sahara Holdings R4 250 000
20 7 Feb 2016 Sahara Holdings R11 475 000
21 9 Feb 2016 Rajesh Gupta, Atul Gupta R18 145
22 25 Feb 2016 Sahara Computers, Rajesh Gupta, Atul Gupta, Chetali Gupta Multiple Transactions
23 29 Feb 2016 Annex Distribution Multiple Transactions
24 4 Mar 2016 Islandsite Investments 180, Atul Gupta Multiple Transactions
25 7 Mar 2016 Oakbay Investments, Islandsite Investments 180, Arti Gupta, Atul Gupta, Chetali Gupta Multiple Transactions
26 17 Mar 2016 Sahara Distribution Multiple Transactions
27 17 Mar 2016 Correct Marketing R5 000
28 18 Mar 2016 Sahara Holdings, Sahara Computers Multiple Transactions
29 31 Mar 2016 Mabengala Investments, Rajesh Gupta Multiple Transactions
30 31 Mar 2016 Atul Gupta Multiple Transactions
31 31 Mar 2016 Mabengala Investments, Rajesh Gupta Multiple Transactions
32 31 Mar 2016 Atul Gupta Multiple Transactions
33 31 Mar 2016 Oakbay Investments, Arti Gupta, Atul Gupta, Chetali Gupta, Rajesh Gupta Multiple Transactions
34 31 Mar 2016 TNA Media Multiple Transactions
35 31 Mar 2016 TNA Media, Atul Gupta Multiple Transactions
36 31 Mar 2016 Surya Crushers. Varun Gupta Multiple Transactions
37 31 Mar 2016 Newshelf 960 Multiple Transactions
38 31 Mar 2016 Mabengala Investments R10 000 000
39 31 Mar 2016 Oakbay Investments R374 713 699
40 1 April 2016 Islandsite 180, Arti Gupta, Atul Gupta, Chetali Gupta, Rajesh Gupta R158 278 904
41 5 April 2016 Blackedge Exploration Multiple Transactions
42 6 April 2016 Confident Concepts, Rajesh Gupta, Varun Gupta Multiple Transactions
43 7 April 2016 Varun Gupta R282 074
44 7 April 2016 Shiva Uranium, Atul Gupta, Varun Gupta R125 848 620
45 7 April 2016 Infinity Media Networks, Atul Gupta, Varun Gupta R24 115 385
46 8 April 2016 Infinity Media Networks, Atul Gupta, Varun Gupta R6 938 305
47 11 April 2016 Atul Gupta R531 570
48 11 April 2016 Sahara Distribution R100 000
49 11 April 2016 Sahara Computers R5 018 417
50 11 April 2016 Sahara Systems R2 000 000
51 11 April 2016 Sahara Distribution R4 992 556
52 12 April 2016 Arti Gupta R86 579
53 12 April 2016 Chetali Gupta, Atul Gupta R119 766
54 12 April 2016 Sahara Consumables, Atul Gupta R4 016 374
55 12 April 2016 Annex Distribution, Atul Gupta R3 657 164
56 13 April 2016 Sahara Computers, Atul Gupta, Chetali Gupta R41 833 304
57 13 April 2016 TNA Media, Atul Gupta R7 999 992
58 19 April 2016 Uni Afrika Holdings Multiple Transactions
59 21 April 2016 Islandsite 180, Arti Gupta, Atul Gupta, Chetali Gupta, Rajesh Gupta R172 464 887
60 21 April 2016 Confident Concepts, Rajesh Gupta, Varun Gupta R78 859 600
61 21 April 2016 Annex Distribution, Sahara Computers, Sahara Holdings R876 001
62 21 April 2016 Optimum Coal Mine R1 372 756 090
63 21 April 2016 Koornfontein Munes R1 207 859 627
64 22 April 2016 Annex Distribution, Sahara Computers, Sahara Holdings R256 476
65 6 May 2016 Oakbay Resources R327 421 132
66 6 May 2016 Shiva Uranium R327 421 132
67 11 May 2016 Optimum Mine Rehabilitation trust R1 341 426 552
68 11 May 2016 Optimum Vlakfontein Mining and Exploration R410 237
69 11 May 2016 Optimum Overvaal Mining and Exploration R418 989
70 11 May 2016 Optimum Coal Terminal R173 244 916
71 16 May 2016 Shiva Uranium R510 064 228
72 3 June 2016 Oakbay Investments R407 332 455
TOTAL R6 839 974 102

News24

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The full list of 72 “dodgy” Gupta transactions amounting to R6.8 billion