It wrote:It is a matter of public record that Mr Jalan's brother's daughter is married into the Gupta family. Mr Jalan accordingly knows some of the Gupta family through that extended family connection in India. "We are instructed that Mr Garg and Mr Jalan considered a 50/50 joint venture in Uzbekistan. "These individuals did not share the stage with Mr Jalan and, following the launch events, many individuals came to meet and shake hands with Mr Jalan and were photographed in the process. "The loan extended by Mr Jalan to Mr Garg [or] to entities controlled by him was a commercial, arm's length transaction.

Source: News 24 October 22, 2020 04:41 UTC