South Africa seizes $1.3 million from Gupta-owned Sahara Computers’ bank account

The owners are wanted for questioning in their alleged role in state capture involving billions of South African Rands from state-owned institutions.

South Africa’s central bank has seized over $1.3 million from a bank account of the now-abandoned Gupta-owned Sahara Computers which was one of the country’s leading IT suppliers. South African Reserve Bank (SARB) Deputy Governor Kuben Naidoo published a notice in the Government Gazette, declaring the amount and interest accrued at major institution Nedbank to be forfeited to the state. The SARB seized almost Rand 20 million ($1.3 million) from a local bank account of the company.