An extradition treaty signed between the UAE and South Africa could signal the start of proceedings to see the Gupta brothers facing corruption charges ejected from Dubai to stand trial.
The three Indian-born brothers, Ajay, Atul and Rajesh, stand accused of using close ties with former president Jacob Zuma to strip billions of rand from government assets.
The men have been sighted in India and Dubai in recent months, and could now be subject to the new legal assistance agreements signed by Sultan Al Dhaheri, UAE Minister of Justice, and Michael Masutha, Minister of Justice and Correctional Services of South Africa.
“These agreements will promote judicial and legal sector cooperation, in the best interest of the two friendly nations,” said Mr Masutha.
The new treaty and legal agreements are the result of lengthy talks between the two countries, first reported in May.
An arrest warrant was issued by police in South Africa for Ajay Gupta in relation to a corruption case.
Atul and Rajesh have both been given South African citizenship.
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Read more:
End of the line for South Africa's Gupta family
South Africa in talks with UAE over repatriating Gupta brothers
Gupta brothers denied video testimony request
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The men, who are believed to own property and businesses in Dubai, are also accused of inappropriately influencing cabinet appointments in South Africa, known as state capture.
Natasha Mazzone, the South African Democratic Alliance shadow minister on state companies, told Reuters that the Guptas will have to answer to the allegations in front of them, and backed the new treaty.
"This means the infamous Guptas are fast running out of places to hide as they can now face extradition to finally answer for state capture," she said.
The Guptas have close business ties with Zuma’s son, Duduzane Zuma, and stand accused of using their political connections to award state contracts.
The brothers, all in their 40s, moved from the northern state of Utta Pradesh in India to South Africa in 1993 in the wake of the country’s civil rights revolution.
A family business, Sahara Computers was soon established to elevate the Guptas to one of the richest families in the country within two decades.
By 2016, Atul Gupta was reported to have an estimated wealth of $773.47 million (Dh2.8 billion).
The Guptas fled South Africa shortly after Zuma finally resigned from the presidency in February.
The South African justice department would not comment on individual cases or confirm if the Guptas would now be forcibly returned to face action in South Africa.
Both parties have repeatedly denied wrongdoing, and could not be reached for comment.
Profile of Tamatem
Date started: March 2013
Founder: Hussam Hammo
Based: Amman, Jordan
Employees: 55
Funding: $6m
Funders: Wamda Capital, Modern Electronics (part of Al Falaisah Group) and North Base Media
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West Ham United 2 (Antonio 73', Ogbonna 90 5')
Tottenham Hotspur 3 (Son 36', Moura 42', Kane 49')
Iraq negotiating over Iran sanctions impact
- US sanctions on Iran’s energy industry and exports took effect on Monday, November 5.
- Washington issued formal waivers to eight buyers of Iranian oil, allowing them to continue limited imports. Iraq did not receive a waiver.
- Iraq’s government is cooperating with the US to contain Iranian influence in the country, and increased Iraqi oil production is helping to make up for Iranian crude that sanctions are blocking from markets, US officials say.
- Iraq, the second-biggest producer in the Organization of Petroleum Exporting Countries, pumped last month at a record 4.78 million barrels a day, former Oil Minister Jabbar Al-Luaibi said on Oct. 20. Iraq exported 3.83 million barrels a day last month, according to tanker tracking and data from port agents.
- Iraq has been working to restore production at its northern Kirkuk oil field. Kirkuk could add 200,000 barrels a day of oil to Iraq’s total output, Hook said.
- The country stopped trucking Kirkuk oil to Iran about three weeks ago, in line with U.S. sanctions, according to four people with knowledge of the matter who asked not to be identified because they aren’t allowed to speak to media.
- Oil exports from Iran, OPEC’s third-largest supplier, have slumped since President Donald Trump announced in May that he’d reimpose sanctions. Iran shipped about 1.76 million barrels a day in October out of 3.42 million in total production, data compiled by Bloomberg show.
- Benchmark Brent crude fell 47 cents to $72.70 a barrel in London trading at 7:26 a.m. local time. U.S. West Texas Intermediate was 25 cents lower at $62.85 a barrel in New York. WTI held near the lowest level in seven months as concerns of a tightening market eased after the U.S. granted its waivers to buyers of Iranian crude.
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