SOUTH AFRICAN POSER: HOW MUCH ARE THE GUPTAS WORTH?

How much are the Guptas worth and how did they acquire their wealth? These are the two questions that South Africans are constantly asking.

This was said by the convenor of the Save SA campaign, Sipho Pityana, said yesterday.

He was responding to an article in the Sunday Times that said that Atul Gupta, a close friend of President Jacob Zuma, was now the seventh-richest South African and the country’s richest black businessman.

His personal wealth is estimated at R10-billion.

“The information in the Sunday Times Rich List about the wealth accumulated by Gupta is shocking,” said Pityana.

“For one man to have acquired so much wealth, so fast, is in itself very disturbing.

“But when it is a man whose every business activity is being questioned because of [allegations of] corruption and money-laundering, and a penchant for peddling posts in public office, we really have to say that there is something wrong here, and it needs an investigation.

“If South Africa ever needed full transparency on the Guptas’ net worth – and how they acquired it – we need it now.

Source: NAM NEWS NETWORK

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