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Interpol red notice: what it means and why South Africa requested it

Interpol red notice: what it means and why South Africa requested it

THE International Criminal Police Organisation (Interpol) has issued a red notice for two members of the wealthy but now disgraced Gupta family, Atul and Rajesh Gupta. This could now pave way for their arrest and extradition from the United Arab Emirates to face fraud and money laundering charges in South Africa. The Guptas – who at their height owned a business empire spanning computer equipment, media, and mining – are close friends of former President Jacob Zuma. A judicial commission of inquiry into state capture recently found that, with Zuma’s help, they orchestrated massive corruption. Thabo Leshilo asked Bernadine Benson…
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EXCLUSIVE – South Africa tries to recover over $23 million from SAP for ‘unlawful’ contracts

EXCLUSIVE – South Africa tries to recover over $23 million from SAP for ‘unlawful’ contracts

ALEXANDER WINNING SOUTH African investigators are seeking to recover more than 400 million rand ($23 million) from German software firm SAP for two government contracts they allege were entered into unlawfully, court documents seen by Reuters show. Although the amount of money sought is small for a company with a market value of around 162 billion euros, the move by the authorities is another headache for SAP, which in 2018 admitted to misconduct over deals with South African state firms during former president Jacob Zuma's tenure. SAP, a major global business software company, had said it was reviewing all its…
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