India’s state-owned Bank of Baroda -- one of the country’s largest -- played a crucial role in the financial machinations of South Africa’s politically influential Gupta family, allowing them to move hundreds of millions of dollars originating in alleged dirty deals into offshore accounts, an investigation by the Organized Crime and Corruption Project (OCCRP) and The Hindu has found.
A man walks past the Bank of Baroda’s headquarters in Mumbai, India, May 3, 2016. Photo Reuters/Danish Siddiqui.