the bank of baroda, an indian state-owned bank, has played a crucial role in the gupta family's business deals. according to a report by the organized crime and corruption reporting project (occrp), the bank of baroda allowed the gupta family to move millions of dollars in alleged corrupt business transactions to offshore accounts. although the bank of baroda denies the illicit behavior, the documents report that the bank's south african branch issued unapproved loan guarantees, ignored internal compliance efforts, and averted regulators from learning about suspicious transactions in a way that benefited the guptas’ network. around 4.5m rand have circulated around a handful of gupta-associated companies between 2007 and 2017. due to the volume of gupta owned accounts, the majority of the bank's transactions in johannesburg involved gupta family funds.