SOUTH AFRICA: Court grounds Gupta private jet

A High Court in Johannesburg, South Africa, ordered that a private jet belonging to the controversial Gupta family be grounded. The Gupta family have a lease agreement with a Canadian credit agency, Export Development Canada (EDC), for a Bombardier Global 6000 aircraft. EDC brought the application against the Guptas in a dispute on the lease […]

SOUTH AFRICA: Court grounds Gupta private jet
SOUTH AFRICA: Court grounds Gupta private jet

A High Court in Johannesburg, South Africa, ordered that a private jet belonging to the controversial Gupta family be grounded.

The Gupta family have a lease agreement with a Canadian credit agency, Export Development Canada (EDC), for a Bombardier Global 6000 aircraft.

EDC brought the application against the Guptas in a dispute on the lease agreement in a UK court relating to the jet valued at $41m.

The request by EDC was for the court in South Africa to ground the plane until a final order was made.

The Gupta family have been accused of abusing their close relationship to former president Jacob Zuma in which they allegedly had undue influence over government officials for contracts.