It [Oakbay] has indeed used this to make allegations against me which not even The New Age could credibly disseminate.— Pravin Gordhan, Finance Minister
The Gupta family and its associates are launching an organised campaign against National Treasury.
This is according to the much awaited court papers, which Finance Minister Pravin Gordhan was expected to have filed last week.
The Minister filed his counter affidavit in the North Gauteng High Court in Tshwane on Monday.
This comes after Oakbay filed their documents on 20 January.
The papers pertains to a bid by Gordhan in October last year in which he sought court protection against being forced by the Guptas to intervene in the matter of the bank account closures of Oakbay Investments.
As part of the court application, Gordhan listed a Financial Intelligence Centre (FIC) report detailing how the Guptas’ businesses made R6.8 billion in “suspicious and unusual transactions”.
In court papers, the banks listed concerns about the Guptas, ranging from risks of money-laundering and suspicious transactions to the family being politically exposed persons.
CapeTalk's John Maytham interviewed EWN's Stephen Grootes.
For more detail, listen to the interview in the audio below (and/or scroll down for more quotes from it).
We have a Finance Minister dispensing with doublespeak… he’s saying ‘They’re coming for me’.— Stephen Grootes, EWN
Gordhan says he did not place pressure on Big Business to clip the wings of the Gupta family.— Stephen Grootes, EWN
Gordhan says it’ll be impossible for them to prove anything.— Stephen Grootes, EWN
It was always an extreme claim.— Stephen Grootes, EWN
The Guptas have said – sorry I mean Oakbay – the Hawks are not investigating suspicious transactions and therefore those transactions must be fine.— Stephen Grootes, EWN