# Three lavish multi-million-rand Saxonwold mansions linked to the Gupta family are being auctioned off in Johannesburg today. The properties, linked to the state capture scandal, are expected to fetch below their combined municipal value of 64-million-rand. Park Village Auctions is handling the sale, aimed to recover funds and settle debts after Atul, Ajay and Rajesh Gupta-linked firm, Confident Concept, entered bankruptcy in 2018. Deposits for the auction ranged from 250-thousand-rand to 500-thousand-rand. Furniture and appliances will be sold separately after each property auction.
Auction of three opulent Gupta mansions in Saxonwold begins