The arrests of the fugitive brothers Atul and Rajesh Gupta in Dubai have been verified by the Department of Justice and Correctional Services.
Interpol issued a red notice for them four months ago in connection with fraud and money laundering offences.
They are accused of stealing hundreds of millions of rands from Eskom and Transnet, among other companies.
The arrests were confirmed by the authorities in the United Arab Emirates, according to Departmental Spokesperson Chrispin Phiri.
Some description text for this item