They’re coming for me! – Finance Minister Pravin Gordhan

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
Read More
Ocean View activist speaks: We have had 20 murders in 2017 alone

Ocean View activist speaks: We have had 20 murders in 2017 alone

Sharone Daniels, a community activist in Cape Town's Ocean View says they need police intervention to end gang violence.

Business in Africa: The rising interest in art

Business in Africa: The rising interest in art

Ambassador Advisory's Refilwe Moloto says the rising interest in art over the past decade cannot be overestimated.

Civil engineer devises plan to use stormwater in Cape Town

Civil engineer devises plan to use stormwater in Cape Town

Civil engineer and Ph.D. researcher John Okedi speaks to CapeTalk host John Maytham about his plans.

Step by step guide on how to avoid stuffing up your rental contract

Step by step guide on how to avoid stuffing up your rental contract

Sunell Afrika from SAProperty.com shares her sound advice on what to look out for before signing a rental lease.

Alcohol Harms Reduction Policy White Paper will usher in a new Liquor Bill

Alcohol Harms Reduction Policy White Paper will usher in a new Liquor Bill

The policy will guide the government’s approach to the regulation of alcohol in the province.

Guptas a step closer to solving their banking woes

Guptas a step closer to solving their banking woes

Blacklisted by South Africa’s top four banks; the Guptas are cracking one of the major problems facing them.

Popular articles
Opinion:  Bishop Lekganyane is right

Opinion: Bishop Lekganyane is right

Stephen Grootes weighs in on comments made by the Zion Christian Church Bishop at the weekend.

SAB urges public to stop abusing free water at Newlands Spring

SAB urges public to stop abusing free water at Newlands Spring

There have been several reports of abuse of the facility, with a number of people tapping far more water than is allowed.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Michiel le Roux speaks about the fascinating story behind the little bank that has the Big 4 shaking in their boots.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?