Court dismisses Gordhan's application in Gupta bank case

The High Court in Pretoria has dismissed the former finance minister’s Pravin Gordhan's application for a declaratory order which argued that Gordhan did not have the power to intervene in the relationship between the banks and the Guptas.

Gordhan approached the court asking for this order, saying the Gupta family was putting him under pressure to intervene.

As part of this application, it also emerged that the Financial Intelligence Center had flagged a suspicious transaction of R6.8 billion six point eight billion by the Guptas.

EWN reporter Clement Manyathela says the judge made it clear that there is no statute that empowers any member of the national executive such as the minister to intervene in private disputes between the bank and its clients.

The judge also said that because the Guptas and the then finance minister agreed that he was not legally obliged to interfere, this court application by Gordhan was unnecessary.

Editor of the Financial Mail, Rob Rose says this case was significant as it had wider ramifications beyond just Pravin Gordhan and the Guptas.

It was significant. It told us about suspicious transactions, but it didn't say they were unnecessarily illegal. It raised a lot of questions.

Rob Rose, Financial Mail Editor

It has wider ramifications for how society understands what the Guptas are doing in our society.

Rob Rose, Financial Mail Editor

To hear more of this interview, listen below:

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Criminal justice administration has been captured - Advocate Paul Hoffman

Criminal justice administration has been captured - Advocate Paul Hoffman

Accountability Now's advocate Paul Hoffman says there is no political will to prosecute those implicated in the 'Gupta leaks'.

Treasury scraps with Malusi Gigaba over 'smears' against Pravin Gordhan

Treasury scraps with Malusi Gigaba over 'smears' against Pravin Gordhan

The Money Show’s Bruce Whitfield interviews Econometrix Chief Economist and Director Dr Azaar Jammine.

"Nersa ensures the public are not bullied by Eskom in tariff hikes"

"Nersa ensures the public are not bullied by Eskom in tariff hikes"

Outa's Wayne Duvenage explains why they support the National Energy Regulator's decision to ask Eskom for more information.

NPA ‘stolen’ #GuptaLeaks claim won’t stand in SA law

NPA ‘stolen’ #GuptaLeaks claim won’t stand in SA law

Wits Law Professor James Grant says the NPA is using an American doctrine and our law is different.

August 8 marks 10 years since Mbeki fired Nozizwe Madlala-Routledge

August 8 marks 10 years since Mbeki fired Nozizwe Madlala-Routledge

Ten years ago in South Africa, on the eve of Women's day, former President Thabo Mbeki fired Nozizwe Madlala-Routledge

Social media has spoken: #SecretBallot reaction

Social media has spoken: #SecretBallot reaction

From Zuma, the rand and even the Guptas, nobody is being spared the social media burn.

Holomisa: ANC out order for threatening MPs over no confidence vote

Holomisa: ANC out order for threatening MPs over no confidence vote

UDM leader Bantu Holomisa has urged ANC members of Parliament to listen to the public outrage.

"We state categorically that Moyane never met with any member of Gupta family"

"We state categorically that Moyane never met with any member of Gupta family"

Sars Luther lebelo rubbishes reports that commissioner Moyane was in Dubai and met with the Guptas in December 2015.

'Land restitution failed because Government is the biggest owner of land'

'Land restitution failed because Government is the biggest owner of land'

Bruce Whitfield interviews Finance Minister Malusi Gigaba's advisor Chris Malikane and Business Leadership SA's Bonang Mohale.

Popular articles
Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

ANC branch in the Eastern Cape, Z.R Mahabana, has launched a campaign backing Lindiwe Sisuslu as an ANC presidential candidate.

Kay Sexwale denies involvement in ANC 'War Room' saga

Kay Sexwale denies involvement in ANC 'War Room' saga

Sexwale says she advises the provincial not national ANC.

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.

Bylaws, times you may use fireworks

Bylaws, times you may use fireworks

City of Johannesburg has urged residents to respect by-laws and the times set for fireworks to be used.

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.

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?