Export Development Canada
latest news & developments
Court dismisses Guptas’ bid to hold onto jet
The ruling came after EDC and Stoneriver approached the court with an urgent application earlier in March asking it to ground the aircraft
Court orders Guptas’ jet to be grounded
The court ruled that a jet, which the Gupta family has been leasing, must be handed over to EDC and stored at Lanseria airport
Canadian bank’s court bid to ground Gupta jet postponed
Over the weekend, it was reported that the Gupta family defaulted on a $41-million jet