Bye-bye bling: Guptas likely to lose flashy cars and toys to Asset Forfeiture Unit

Bye-bye bling: Guptas likely to lose flashy cars and toys to Asset Forfeiture Unit

- OUTA has compiled a list of Gupta assets which will likely be sold to recoup some of the state capture money

- The list includes car brands such as Bentley, Maserati, Lamborghini, Lexus and Porsche

- Outa reports that more than 20 luxury cars are registered to the Gupta family home in Saxonwold, Johannesburg

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The Organisation Undoing Tax Abuse (OUTA) has compiled a list of Gupta assets which it hopes will be sold by the state to recover some of the billions which the Gupta family allegedly looted from South Africa.

The list includes over 20 luxury vehicle brands such as Bentley, Maserati, Lamborghini, Lexus and Porsche which are registered to the family’s Saxonwold home.

READ ALSO: Worried workers down tools at Gupta-owned mine

OUTA also noted that all of the Gupta vehicles had been registered for e-tolls. Outa compiled their list by meticulously working through more than a million leaked emails.

Briefly.co.za gathered that OUTA has identified 80 more vehicles which are registered to other addresses and Gupta-owned companies. The family also own planes, helicopters and a multitude of properties.

The Gupta family is alleged to have used their close friendship with former president Jacob Zuma to influence cabinet appointments which in turn help the family secure lucrative government contracts.

Ajay, Atul and Rajesh Gupta are thought to have fled the country after the Hawks swooped in on their Saxonwold property last week. The Hawks have started proceedings to freeze all of the family’s assets in South Africa.

Meanwhile, workers at the Gupta-owned Optimum coal mine have downed tools after not being paid. The mine is reportedly close to losing its license because of its failure to supply water to the town of Hendrina.

READ ALSO: 9 Good years: How the Zuma family made the most of JZ’s time in office

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Source: Briefly.co.za

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