Scorpio & amaBhungane #GuptaLeaks: TRAINSPOTTER – How the Canadian government helped the Guptas buy their private jet
Export Development Canada, the state-owned agency that extends credit to Canadian exporters and their customers, concluded a US$41 million financing deal with the Guptas’ Westdawn Investments in late 2014. The money was loaned so that they could purchase their Bombardier business jet, which became infamous as ZS-OAK, and has flown South African politicians and officials across the globe. Once again, the leaks reveal how major international entities were willing to overlook the Guptas’ political exposure, potentially breaking their own laws and regulations in the process. By RICHARD POPLAK.