The documents show that Global Affairs Canada wanted an explanation of the risky loan from the federal agency, Export Development Canada, during a planned meeting in March, 2018, where the Gupta deal was scheduled to be a top agenda item
Senior federal officials sought to warn Canada’s export agency that it had suffered “significant” risk to its reputation because of its US$41-million loan to the controversial Gupta brothers who were at the heart of a South African corruption scandal, internal documents show.
Another government document, obtained by The Globe, showed that the meeting between Mr. Sargent and Mr. Daignault was later scheduled for April 13, 2018, with the Guptas still on the agenda. In the notes prepared for that meeting, the Global Affairs Department said it wanted to ensure that EDC’s operations “stands up to such scrutiny” from the media in Canada and South Africa, which had revealed the EDC loan to the Gupta brothers at a time when the Guptas were at the centre of a national corruption scandal in South Africa.
Indian businessmen, Ajay Gupta and younger brother Atul Gupta at a one on one interview with Business Day in Johannesburg, South Africa on March 2, 2011.The Guptas had been the subject of corruption allegations long before the EDC loan, but by 2016 their political influence had provoked a storm of national criticism.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fresh romance scams warning after senior conned out of $700,000 life savingsPolice and fraud officers have issued a fresh warning about online romance scams after an elderly Ontario man was conned out of more than $700,000.
Read more »
Heat getting turned up on Oilers senior management groupThe NHL players chose Connor McDavid by a landslide as the player they would start a franchise with. 7-Eleven That's Hockey talks about how much McDavid's prime is being wasted by team and how important it is to get the next step right.
Read more »
Morneau's 2019 federal budget comes with big-ticket surprises - Macleans.caA middle class message was straight out of the Liberal playbook, paired with windfalls for municipalities, senior citizens and students Budget2019
Read more »
Triano stepping away from Canadian men's national team coaching role - Sportsnet.caJay Triano's term as head coach of the Canadian mens' senior national team has come to a close. (via michaelgrange)
Read more »