Guptas’ globe-trotting plane goes off the radar as bank and lawyers try to pin it down
Court filings in the case brought by Canada’s state export bank against the Guptas provide fascinating insights into the movements of the family’s elusive jet registered as ZS-OAK. On February 2, the bank, Export Development Canada (EDC), sent the Guptas a letter asking them to disclose its location. The letter "also asked for EDC to be given access to the agreed tracking system to track the maintenance and records of the aircraft", an affidavit filed by the EDC’s Brian Craig said. "Worryingly, soon after receiving the February 2 letter, Westdawn has, at some point over the weekend of February 3 and 4 2018, disconnected the public tracker of the aircraft so that the location of the aircraft is now completely unknown to the applicants." EDC loaned the Gupta company Westdawn $41m towards buying the luxury Bombardier 6000. By then they’d defaulted on repayments "more than a dozen times" and still owe the bank $27m. Papers filed by the National Prosecuting Authority’s Asset Forfeiture U...
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