{"id":115408,"date":"2016-03-04T09:55:30","date_gmt":"2016-03-04T07:55:30","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=115408"},"modified":"2016-03-07T10:53:24","modified_gmt":"2016-03-07T08:53:24","slug":"guptas-are-leaving-south-africa-report","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/115408\/guptas-are-leaving-south-africa-report\/","title":{"rendered":"Guptas deny report saying they are leaving South Africa"},"content":{"rendered":"

[Update]<\/strong>\u00a0Oakbay Investments, the holding company for the Gupta family\u2019s businesses in South Africa, on Friday strongly denied all reports that the Gupta brothers are leaving South Africa and relocating to Dubai.<\/p>\n

Read:\u00a0We aren\u2019t going anywhere: Guptas<\/a><\/strong><\/p>\n

[Original Story]<\/strong> Three of the Gupta brothers are in the process of moving out of South Africa, according to a report by Africa Confidential<\/a>.<\/p>\n

It cites sources within the ANC, saying that Ajay, Atul and Rejesh Gupta are in the process of moving to Dubai in the United Arab Emirates.<\/p>\n

While the report remains speculative, the Gupta family and their business operations in South Africa have come under scrutiny in recent months, with calls for investigations into tender processes and their relationship with President Jacob Zuma.<\/p>\n

EFF leader Julius Malema openly called for the Gupta family to leave the country, and to take their “criminal enterprises” with them.<\/p>\n

Malema publicly banned Gupta-run media from EFF events, and said that the family should immediately disengage from all affairs, government, business and media in South Africa and leave the country.<\/p>\n

The EFF is back in court on Friday to challenge an interdict won by the Guptas following the ban.<\/p>\n

In late February, finance minister Pravin Gordhan joined the growing revolt against the family by cancelling a post-budget breakfast briefing held by the Gupta-run New Age newspaper.<\/p>\n

The New Age’s breakfast meetings are widely seen as a waste of state money, as the events are sponsored by state-owned companies who fork over millions of rands to host the events.<\/p>\n

Another Gupta-linked business that is currently face investigations include coal mining contracts with Eskom.<\/p>\n

Journalist Denis Beckett<\/strong> argues<\/a> that negativity around the Guptas comes from much speculation, and little fact.<\/p>\n

“Their \u201cperceived influence\u201d comes from their \u201cperceived links\u201d in their \u201cperceived role\u201d in apparently a new version of the old press myth that if you say \u201calleged\u201d enough you can\u2019t be sued.<\/p>\n

He noted that the family relocated to South Africa in 1993, committing itself to \u201ca new patriotic fervour\u201d. “It has paid R1.5 billion in tax; has \u201cone of the world\u2019s most respected\u201d, though unnamed, auditors; employs 4,500; and can\u2019t see why it\u2019s attacked for making the highest offer for a troubled mine that supplies 1.3% of Eskom\u2019s coal.”<\/p>\n

More on the Guptas<\/h3>\n

Eskom has \u201cnothing to hide\u201d in Gupta coal supply probe<\/a><\/strong><\/p>\n

Gordhan joins growing revolt against the Guptas<\/a><\/strong><\/p>\n

EFF slams Zuma and Gupta \u201ccriminal enterprises\u201d<\/a><\/strong><\/p>\n

Zuma allies speak out against the Guptas: report<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

[Updated] Three of the Gupta brothers are in the process of moving out of South Africa, according to a report by Africa Confidential.<\/p>\n","protected":false},"author":10,"featured_media":115414,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[11198,26],"class_list":["post-115408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-government","tag-guptas","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/115408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=115408"}],"version-history":[{"count":8,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/115408\/revisions"}],"predecessor-version":[{"id":115690,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/115408\/revisions\/115690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/115414"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=115408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=115408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=115408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}