Treasury has taken Gupta-owned Oakbay Investments to task for raising in the media issues relating to the court application that includes Finance Minister Pravin Gordhan and the four major banks, and has called on the company to respect court processes. Gordhan has approached the High Court in Pretoria for a declaratory order confirming that he cannot intervene in a dispute between Oakbay Investments and the banks. The banks have until Friday to indicate whether they will oppose Gordhan’s case on their decision to close down the company’s accounts. Treasury on Friday said it had no intention of conducting the case in the "court of public opinion", and would provide comprehensive and appropriate responses in court once Oakbay had filed its answering affidavits. "It is peculiar in the extreme for the aforementioned respondents to address the issues raised in the affidavit by way of media releases as these make no meaningful contribution to the case at hand.

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