Oakbay Investments say they are 'delighted' to be respondents in the Finance Minister Pravin Gordhan's court papers so that they can begin to clear their names.
Gordhan's affidavit revealed that R6.8 billion made in payments by Gupta brothers and firms they control have been reported to authorities as suspicious over the past four years.
Gupta Family lawyer, Van Der Merwe Associates, released a statement on behalf of Ajay Gupta and Oakbay Investments in response to Gordhan's affidavit. It refers to Gordhan's allegations as 'undiluted nonsense.'
Read the full statement from the Gupta family below:
Yesterday, Oakbay Investments chief executive officer, Nazeem Howa, resigned with immediate effect due to health issues.
Gordhan's affidavit also revealed that he had discussions with Howa over the bank account closures.