The India-based bank has been in the spotlight over its links to the Gupta family, which has been implicated in an influence-peddling scandal surrounding South Africa's former President Jacob Zuma,
Former South African president Jacob Zuma goes on trial on Friday for alleged corruption and fraud in a large government arms deal in the late 1990s, charges denied by the 75-year-old who was ousted by his party in February.
Indian-born businessman Ajay Gupta – close associate of recently recalled South Africa President Jacob Zuma - has so far succeeded in evading the course of justice for his not-so-hidden hand in the capture of the South Africa state.
South Africa's chief prosecutor Shaun Abrahams announced that former president Jacob Zuma will be prosecuted in connection with a 1990s arms deal.
Barely an hour after South Africa's ruling ANC announced they would back an opposition-led no confidence vote in parliament, the country's embattled president told the nation that he did not understand why there was such a rush to get rid of him.
The power struggle over Jacob Zuma's departure put the president at loggerheads with Cyril Ramaphosa, his expected successor, who is the head of the ruling African National Congress party.
ANC chief whip Jackson Mthembu says the ruling party should 'learn' from Zimbabwe and ask President Jacob Zuma to stand down.
President Jacob Zuma has told the country's High Court that an anti-corruption watchdog does not have the authority to order a judicial inquiry into alleged influence peddling in his government.
The FBI has been looking at individuals, bank accounts and companies in the US that could be linked to South Africa’s Gupta family.
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