Are the Guptas done? And if they are, what does it mean for the state capture project? The Gupta family was given a last-minute reprieve from having its only bank accounts shut by Bank of Baroda last week. On Monday, the family will find out whether the high court will give it more time as it considers an application by the family to require that Baroda continues serving it. However, it is only delaying the inevitable. The court has already noted that the family has a slim chance of success. Many of the Guptas’ closest associates are already out of luck. Trillian Capital Partners, for instance, has had its accounts shut at the big banks, with only Baroda willing to engage, for now. Duduzane Zuma, who found himself with plum directorships in several Gupta businesses, has had all his accounts shut.One can only assume that others implicated in the Guptas’ activities, such as Salim Essa, Mark Pamensky, Eric Wood, Brian Molefe and Anoj Singh, are having nervous conversations with their b...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now