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As Guptas head to court, Gordhan flies off to sell SA overseas

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Minister of Finance Pravin Gordhan (Netwerk24)
Minister of Finance Pravin Gordhan (Netwerk24)

Cape Town – While Gupta-owned Oakbay Investments heads to the North Gauteng High Court next week, Finance Minister Pravin Gordhan and his senior leaders at Treasury will embark on an overseas trip to sell South Africa as an investment destination.

The court hearing from Tuesday to Thursday is as a result of an application Gordhan brought to the court to seek legal protection from having to intervene on behalf of the Guptas, whose bank accounts were blacklisted by South Africa’s top four banks in 2016.

Untested allegations of state capture and corruption linking the Guptas to President Jacob Zuma and a patronage network appears to be at the heart of the issue.

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