HSBC Busi poser
HSBC flags Mkhwebane among Gupta transactions
In 2015 major international bank HSBC flagged R1bn in alleged illicit payments involving more than 100 Gupta-linked entities that bounced around the world through Hong Kong. Curiously, it also identified public protector Busisiwe Mkhwebane as having somehow been caught up in the Gupta web in 2014
Mystery surrounds payments made to public protector Busisiwe Mkhwebane in 2014 and flagged as suspicious by the international bank HSBC.
The payments were among a number of transactions totalling R1bn that HSBC identified as somehow being linked to the powerful Gupta family.