Guptas abandon Sahara Computers as their empire crumbles

Guptas abandon Sahara Computers as their empire crumbles

- The company was once the face of the Gupta empire

- It now lies abandoned and discarded as the empire crumbles

- All that remains are a few boxes of hardware and scattered papers

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As the Hawks zone in on the Guptas they are starting to feel the heat, Ajay Gupta has allegedly fled the country effectivley making himself a fugitive at large.

The Estina Dairy Farm is being investigated and some of the Guptas business associates have been arrested after a raid on Gupta-owned properties.

Briefly.co.za learned thatSahara Computers, once the flaghship of the Gupta empire is now abandoned. The premises in Johannesburg now lies vacant according to news24.com.

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The company was once the proud sponsors of popular cricket grounds in South Africa and former Proteas cricket stars Graeme Smith, Shaun Pollock and Makhaya Ntini, among others, acted as brand ambassadors and brand representatives for the company.

The property is on the market, valued at R50-million. It is still under the ownership of Islandsite Investments 180, a holding company which also controls the sprawling residential and commercial assets of the Gupta family in South Africa including the luxurious mansion in Saxonwald.

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Islandsite Investments 180 has two remaining directors who were among the eight arrested in the early morning raids conducted by the Hawks.

The Asset Forfeiture Unit has obtained preservation orders for Islandsite's bank account but the order does not extend to the company's fixed assets.

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Source: Briefly.co.za

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