Indian tax inspectors raided on Tuesday premises of the Gupta family at the centre of a corruption scandal involving South Africa's former president, Jacob Zuma, on suspicion they were bringing money into their native country, an official said.
South Africa's anti-graft watchdog has accused the India-born Gupta brothers of using their friendship with Zuma to influence policy and amass wealth.
Zuma and the Gupta brothers deny any wrongdoing.
Amrendra Kumar, a senior income tax official in Uttar Pradesh, told Reuters that the Gupta brothers were suspected of finding ways to bring "illicit money" they had earned abroad into India.
"We want to look into blocking that way," Kumar said by telephone, adding that he was involved in ongoing raids.
"They make all kind of illegal money there outside, these are the allegations which we want to look into," he said.
The three Gupta brothers, Atul, Ajay and Rajesh, went to South Africa in the early 1990s and built a commercial empire stretching from computers to mining and media.
In February, South African police raided Gupta properties there as part of an investigation into their dealings.
South Africa's chief prosecutor declared Ajay Gupta a "fugitive from justice" after he failed to report to police investigators.
On Tuesday, officials conducted raids at residences of the Guptas in the town of Saharanpur in Uttar Pradesh and the nearby town of Dehradun, as well as one of their offices in the capital, New Delhi, Kumar said.
A top judge in South Africa will investigate whether the Guptas sought to influence the appointment of cabinet ministers there and were unlawfully awarded state tenders.
South Africa's new president, Cyril Ramaphosa, has made fighting corruption a top priority.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)