What does gupta family mean?
Definitions for gupta family
gup·ta fam·i·ly
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Wikipedia
Gupta family
The Gupta family is a wealthy Indian-born family with business interests in South Africa, whose most notable members are brothers Ajay, Atul, and Rajesh "Tony" Gupta—as well as Atul's nephews Varun, and US-based Ashish and Amol. The family owns a business empire spanning computer equipment, media, and mining. The family name became synonymous with corruption in South Africa and they have been sanctioned by multiple countries for their activities.In 2016, Atul Gupta became the seventh-wealthiest person in South Africa, with an estimated net worth of R10.7 billion (US$773.47 million), based on JSE-listed holdings.The family migrated from the Indian state of Uttar Pradesh to South Africa in 1993 to establish Sahara Computers. The family was based at the Sahara Estate in Saxonwold, Johannesburg, a compound comprising at least four mansions, until 2016 when they left South Africa for Dubai, United Arab Emirates.In 2022, an Interpol red notice was issued for the arrest of Atul and Rajesh Gupta to face fraud and money-laundering charges. The brothers were reportedly arrested in Dubai on 6 June 2022. Extradition talks took place between South Africa and United Arab Emirates.The family has been the focus of extensive international scrutiny and caused much political controversy as result of their close ties to Jacob Zuma before and during his presidency. Their strong connection to Zuma, both personally and through their company Oakbay Investments, have led to widespread claims of corruption and undue influence. These ties have also led to accusations of state capture: it is alleged that the government has undertaken activities and decisions, decided some high-level appointments, and determined control of some state enterprises, for the Gupta family's direct or indirect benefit, or in agreement with the family.In 2015, the Guptas' influence on the presidency was described by anti-corruption campaigner and former trades unionist Zwelinzima Vavi as being a "shadow government." Multiple Members of Parliament and ministers have stated that they were offered government positions by, or on behalf of, the Gupta family, in return for beneficial commercial decisions once appointed.In 2017, it was discovered that British PR company Bell Pottinger, acting on behalf of Gupta-owned Oakbay Investments, had deliberately manipulated and inflamed racial tensions, stirred up racial hatred, and made accusations of "white monopoly capital," using a large number of fake Twitter and other accounts online, as part of a campaign to portray Oakbay and those connected to it as victims, apparently intended to deflect corruption claims. Bell Pottinger subsequently collapsed in the wake of the scandal.
Numerology
Chaldean Numerology
The numerical value of gupta family in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of gupta family in Pythagorean Numerology is: 5
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"gupta family." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/gupta+family>.
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