Pravin Gordhan will go ahead with court bid for declaratory order

Finance Minister Pravin Gordhan will not withdraw his court application for a declaratory order confirming that he cannot intervene in a dispute between the Gupta-owned Oakbay Investments and four major banks. Oakbay’s attorneys‚ Van der Merwe Associates (VDMA)‚ have notified Gordhan’s legal team that the company intended to oppose the application‚ unless the minister withdrew it and paid the costs by Wednesday afternoon.