Gupta’s Saxonwold mansions back on the market
Two multimillion-rand mansions owned by the Gupta brothers, a trio of India-born businessmen at the centre of a corruption scandal that triggered the nation’s worst political and economic crisis since apartheid, are back on the market in Johannesburg.
News24 reports that the seven-bedroom home where the family allegedly lived – complete with an indoor swimming pool, thatched outdoor entertainment area, mini cricket pitch, water features and a garden with endangered cycad plants – was listed last week alongside a neighbouring 11-bedroom house that boasts a beauty parlour, cinema lounge and rooftop terrace.
While the properties have asking prices of R7m and R8m, respectively, lower offers may be considered, online advertisements show.
The homes in Saxonwold once belonged to a company linked to Atul, Rajesh and Ajay Gupta, and form part of a compound that features in the state capture scandal.
The Zondo Commission, which investigated graft involving more than 1 400 individuals and entities from 2018 to 2022, heard that the brothers held clandestine meetings at the properties.
There, influential guests were offered kickbacks and even government positions to help the family and their associates influence government decisions and secure state contracts.
Article disclaimer: While we have made every effort to ensure the accuracy of this article, it is not intended to provide final legal advice as facts and situations will differ from case to case, and therefore specific legal advice should be sought with a lawyer.
