Gupta-owned companies have applied to have the financial intelligence centre report showing 60 suspicious transactions linked to its companies struck from the record.
A host of applications are being heard in the Pretoria High Court, including an application by Finance Minister Pravin Gordhan to have the court declare that he cannot intervene in the Guptas’ fight with the banks.
The country’s big four banks closed the Gupta’s business accounts between 2015 and 2016 citing reputational risk.
Meanwhile, President Jacob Zuma’s legal team has abandoned its attempt to intervene in Finance Minister Gordhan’s application against Gupta-owned companies.
Eyewitness News reporter Barry Bateman was there.
#GordhanGupta the strike out application relates to the Financial Intelligence Centre report on “suspicious transactions”. BB— EWN Reporter (@ewnreporter) March 28, 2017
#GordhanGupta Gordhan also has his own striking out application. Gauntletl will address court on this - then Puckrin reply. BB— EWN Reporter (@ewnreporter) March 28, 2017
#GordhanGupta Gordhan’s strike out relates to allegations of a political conspiracy. BB— EWN Reporter (@ewnreporter) March 28, 2017
#GordhanGupta Mlambo: from the get go, in the correspondence, there are seeds of political conspiracy…— EWN Reporter (@ewnreporter) March 28, 2017
#GordhanGupta Mlambo… all these issues have nothing to do with us. BB— EWN Reporter (@ewnreporter) March 28, 2017
Click on the link below to listen to the full report by Barry Bateman.....
This article first appeared on 702 : Gupta-owned companies want financial intelligence report struck from record