South Africa Auctions Mansions Seized From Infamous Gupta Brothers
- South Africa auctioned properties seized from the Gupta family, with only one of three houses selling for R3.3 million, while the other two failed to attract acceptable bids due to their conditions and the stigma associated with the Gupta name.
- A small group protested outside the auction, demanding justice and accountability for the Gupta family's alleged role in state capture during Jacob Zuma's presidency.
- Graham van Niekerk described the auction outcome as 'exactly what we expected,' attributing a lack of interest to high valuations and poor structural conditions.
- The Gupta family, once powerful in South Africa, fled in 2018 and is being pursued for criminal charges related to their state capture activities.
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Lavish Homes Left by Fleeing Guptas Up for Sale in South Africa
South Africa is selling off three multimillion rand mansions owned by the Gupta brothers, a trio of influential Indian-born businessmen at the center of a corruption scandal that triggered the country’s worst political and economic crisis since the end of Apartheid.
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Total News Sources12
Leaning Left1Leaning Right2Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 17%
C 50%
R 33%
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