Guptas' elusive jet among assets seized
The Asset Forfeiture Unit has begun seizing assets worth at least R250m, including houses, luxury vehicles, the Bombardier jet and other aircraft
The Asset Forfeiture Unit (AFU) has moved to seize cars, aircraft and properties worth at least R250m belonging to the Guptas and their associates, allegedly bought with looted state funds. Assets include the Guptas’ elusive Bombardier jet, which landed at Lanseria airport on Friday after Export Development Canada (EDC), the Canadian bank that financed it, went to court to have it grounded. On Monday, the AFU began to implement a restraining order obtained from the High Court in Bloemfontein against assets deemed to have been bought with money stolen from the Estina dairy project in the Free State. Also on the list are dozens of vehicles — including several Mercedes-Benzes and Land Rovers, a Porsche Cayenne and a Lamborghini Gallardo — the bank accounts of Gupta-linked companies and houses, businesses and farms across the country. These include the Gupta homes in Saxonwold, which were raided on Monday, as well as houses in Roggebaai and Constantia in Cape Town, and Umhlanga in Durba...
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