Court ruling in favour of Oakbay Investments and the Gupta family
Oakbay Investments, the Gupta family, The New Age, ANN7 and other subsidiary companies today were granted an interdict by the Gauteng North High Court against the Economic Freedom Fighters (EFF) and its leader Julius Malema
JOHANNESBURG, South Africa, February 9, 2016/ -- Oakbay Investments (http://www.Oakbay.co.za), the Gupta family, The New Age, ANN7 and other subsidiary companies today were granted an interdict by the Gauteng North High Court against the Economic Freedom Fighters (EFF) and its leader Julius Malema.
The applicants asked the court for relief in view of the inflammatory statements issued by the EFF with their implicit threat of violence to the staff and property of Oakbay Investments subsidiary companies and the Gupta family.
In the main affidavit, CEO of Oakbay Investments Nazeem Howa said he and the applicants had a "substantial interest in having the freedom" to exercise their constitutionally entrenched right to participate in the commerce and trade of the republic and were entitled to continue tom do so despite the threats issued by the EFF.
The court has ruled in favour of the applicants upholding their rights and those of the Gupta family as South African citizens to remain in South Africa and carry out business operations.