Guptas say SA court cannot hear Canadian bank application over aircraft
The South Gauteng High Court does not have the jurisdiction to hear an application by a Canadian bank to have the Gupta family return an aircraft they bought through it‚ the family argued on Thursday. Export Development Canada (EDC) lent the Guptas $41m to buy their Bombardier jet. The bank had approached the court on an urgent basis‚ asking it to direct that the Bombardier Global 6000, with the tail number ZS-OAK, be grounded because the family had defaulted on repayments and to stop it from using the aircraft to commit crimes or flee from justice. The bank said it feared the aircraft would be seized by the Asset Forfeiture Unit (AFU). The application was brought before Judge Kathree Setiloane in the South Gauteng High Court. In March‚ Setiloane ordered Westdawn Investments to return the aircraft within 15 days of the date of the order‚ pending the final determination of the case between Westdawn and the EDC in the High Court of Justice in the UK. She also interdicted and restraine...
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