South Africa government confirms the arrest of Gupta brothers by the law enforcement authorities in the UAE who are accused of looting billions of rands using their relationship with Jacob Zuma.
A South African court on Friday froze the assets of the controversial Indian-origin Gupta family and their associate, Iqbal Meer Sharma, which included palatial homes in upmarket areas
The Indian state-owned bank announced last month that it had decided to close down operations in South Africa in line with a revision of its global strategy
Bank of Baroda said a month ago that it had pulled the plug on its South African business
The former South African President Zuma and the Gupta brothers denied any wrongdoing
The move came amid increasing calls for a probe into the Indian-origin business barons' alleged links with President Jacob Zuma