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South Africa Zuma: Gupta family home raided by police

South Africa Zuma: Gupta family home raided by police

World
South Africa's elite police unit have raided the home of the controversial Gupta family as the investigation into so-called state capture continues.Three arrests have been made, including one Gupta brother, local media report. Police say two other people are expected to hand themselves in.The Gupta family have been accused using their friendship with President Jacob Zuma to wield enormous political influence for their business interests.They all deny the allegations.Africa Live: For all the latest on the Guptas and Zuma, as it happensThe raid on the Gupta's walled compound in Johannesburg comes as Mr Zuma faces increased pressure to resign, in part because of links to the Guptas.He is expected to respond later today to a formal request from the African National Congress (ANC) to step down....
Korean Aerospace offices raided in anti-corruption probe

Korean Aerospace offices raided in anti-corruption probe

Business
July 17 (UPI) -- Computer hard drives, documents and other materials of Korea Aerospace Industries have been seized by state prosecutors in a corruption probe, officials announced last weekend.The materials were taken Friday from company offices in Seoul, South Korea, and in Sacheon by investigators from the Seoul Central District Prosecutors' Office.The investigation of the manufacturing firm centers on allegations Korea Aerospace inflated expenses while developing military aircraft, and pocketed illicit profits as a result."A source in the prosecution said that it has barred several top KAI officials, including Chief Executive Officer Ha Sung-yong, from leaving the country pending the investigation," investigators told Yonhap on Friday. "They are expected to face questioning after the pr...