Brothers Ajay, left, and Rajesh Gupta, right. Picture: SUNDAY TIMES
Brothers Ajay, left, and Rajesh Gupta, right. Picture: SUNDAY TIMES

A top US consultancy has moved against one of its South African directors as part of a widening probe involving Eskom contracts that netted a Gupta-linked entity a share of a R10bn bonanza‚ the newspaper reported.

It said the development capped a week of bad news for the Guptas‚ prompting speculation that their empire in South Africa may be crumbling.

This has been reinforced by the growing possibility of charges being filed in US courts‚ despite the inaction shown by South African authorities.

The report said that McKinsey South Africa director Vikas Sagar has been suspended after it emerged that he misrepresented the company in a transaction involving Gupta-linked company Trillian Capital Partners and Eskom.

Read the full article in the Sunday Times. 

Please sign in or register to comment.