OFAC has sanctioned, pursuant to Executive Order 13818 (asset freeze and travel ban), members of a South African family, Ajay, Atul and Rajesh Gupta, and their business associate Salim Essa for engaging in “significant corruption”.
Sigal Mandeleker, Treasury Under Secretary for Terrorism and Financial Intelligence, said that the family
“leveraged its political connections to engage in widespread corruption and bribery, capture government contracts, and misappropriate state assets […] at the expense of the South African people”.
The alleged schemes included paying sums to government officials in exchange for the appointment or dismissal of officials so as to benefit the family’s business interests. OFAC Notice and Treasury Press Release.
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