ADVERTISEMENT
The Moment Nigeria
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport
No Result
View All Result
The Moment Nigeria
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport

Interpol launches manhunt for Indian businessmen ‘Gupta brothers’

by Usman Kadri
July 5, 2021
Reading Time: 1 min read
Interpol launches manhunt for Indian businessmen 'Gupta brothers'
Share on FacebookShare on TwitterShare on WhatsappShare on LinkedIn

The Gupta brothers who own African Industries Group in Nigeria have been declared wanted by Interpol for defrauding South Africa.

African Industries Group, a Nigerian manufacturer of Iron rods, billets, nails, and steel products, received glorious encomium from the federal government when they announced investment into the Nigerian steel industry.

The Buhari regime in October 2020, praised the businessmen for citing a new $1.5 billion steel plant in Kaduna state, saying it may lead to Nigeria’s industrial breakthrough.

RELATED STORIES

Investor confidence soars as Stanbic IBTC Holdings surpasses ₦100 stock price threshold

Investor confidence soars as Stanbic IBTC Holdings surpasses ₦100 stock price threshold

August 4, 2025
Airtel Africa signs multi-year strategic partnership with, Xtelify, Airtel India’s digital arm 

Airtel Africa signs multi-year strategic partnership with, Xtelify, Airtel India’s digital arm 

August 4, 2025

“Your partnership with us as government means we are very much on the side to meet the aspiration of industrialising Nigeria,” Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed, had said to the Gupta brothers.

But in a statement on Monday, South Africa’s National Prosecuting Authority (NPA) disclosed that Interpol issued red notices for Atul and Rajesh Gupta wanted in connection with corruption allegations.

Red notices are a global alert that allows law enforcement to locate and arrest a person pending extradition, surrender, or similar legal action.

The notices were issued to the Indian-born brothers, their wives, and four other associates, Hermione Cronje, head of the NPA’s investigating directorate, said.

“Efforts to bring the Guptas back have intensified,” she said.

The brothers were accused of paying bribes in exchange for contracts and influence ministerial appointments, using their links with former president Jacob Zuma.

Gupta brothers had fled to the United Arab Emirates (UAE) in 2018 after Mr Zuma was ousted.

The notice comes just as the former president sought to avoid 15-month jail term jail for contempt of court for failing to appear at a hearing in February.

The allegations against Mr. Zuma include that he allowed the Gupta brothers to plunder state resources and influence policy.

Next Post
BUA increases price of cement

BUA increases price of cement

More Articles...

August 4, 2025
Investor confidence soars as Stanbic IBTC Holdings surpasses ₦100 stock price threshold

Investor confidence soars as Stanbic IBTC Holdings surpasses ₦100 stock price threshold

August 4, 2025
Airtel Africa signs multi-year strategic partnership with, Xtelify, Airtel India’s digital arm 

Airtel Africa signs multi-year strategic partnership with, Xtelify, Airtel India’s digital arm 

August 4, 2025
Aregbesola: Tinubu is the architect of my success

Enough of this cult loyalty nonsense: Aregbesola is no traitor

August 3, 2025
Bayo Ojulari: Presidency denies sack, forceful resignation of NNPCL GCEO

NNPCL boss, Bayo Ojulari, allegedly funding Abubakar Atiku’s 2027 presidential ambition

August 3, 2025
Governor Soludo’s ANSEC set to empower cohort two of one-youth-two-skills scheme

Anyone offering to serve one term needs Psychiatric examination –Soludo

August 2, 2025

STANBIC IBTC ADVERT

About Us

Themomentng.com is an online community of reporters and social advocates dedicated to bringing you features, news reports by Africans, but from a global perspective.

Contact Us

+447771081433
+2348051966180(WhatsApp/SMS Only)
Email: themomentng@gmail.com

Categories

  • Business
  • Education
  • Entertainment
  • Events
  • Featured
  • Food
  • Foreign
  • Health
  • Interviews
  • Life and Styles
  • Metro
  • Motoring
  • News
  • Opinion
  • Politics
  • Religion
  • Society
  • Sport
  • Technology
  • Top Story

Follow Us

Facebook Twitter Instagram

Copyright © Themomentng.com. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport