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Guptas in South Africa accused of getting 49 billion rands from state-run corporations

Witness tells probe panel that hundreds of financial transactions were studied to ascertain the sources of funds and the money laundering

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Cops at the Johannesburg home of the Guptas. File/AFP

Cops at the Johannesburg home of the Guptas. File/AFP

A host of companies linked to the influential Indian-origin Gupta brothers received a total of over 49 billion rands in irregular payments from a number of parastatal corporations in South Africa, a witness has claimed at the Commission of Inquiry into State Capture.

Ajay, Atul and Rajesh Gupta have been accused of siphoning billions of rands from the state-owned corporations through their alleged closeness to former South African president Jacob Zuma.

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