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EDC wins right to sell Guptas' luxury jet : Canada's export credit agency has been in a long court battle to win back the Bombardier plane involved in a political scandal that rocked South African

Mar 04, 2019 - The Globe and Mail (Canada)
Board and Executive Moves

After a year of legal battles, Canada's export agency has won the right to sell a notorious Canadian-funded airplane that played a highly visible role in the corruption scandal that toppled South Africa's former president, Jacob Zuma.

Export Development Canada, the federal export credit bank, has been embroiled in a lengthy court wrangle with the Gupta brothers, the business tycoons who received a US$41-million loan from EDC to help them purchase the Bombardier luxury jet.

The jet, r...