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-   -   Global 6000 'ZS-OAK' sought after Guptas default on loan (https://www.pprune.org/biz-jets-ag-flying-ga-etc/606110-global-6000-zs-oak-sought-after-guptas-default-loan.html)

Ian Corrigible 3rd Mar 2018 19:27

Global 6000 'ZS-OAK' sought after Guptas default on loan
 
Canada lent a family $41 million to buy a luxury jet. Now the jet is missing.


If you spot a sleek Bombardier Global 6000 business jet sporting tail number ZS-OAK, Canada would love to hear from you.

The jet belonged to South Africa's notorious Gupta family, whose alleged corruption helped trigger the scandals that recently forced President Jacob Zuma out of office. But the Guptas bought the plane with help from a $41 million loan from Export Development Canada, or EDC, Canada's state-owned export-import bank.

EDC was helping Bombardier Inc., the Canadian aerospace firm, land the jet sale. But that turns out to have been a poor bet: EDC now says the family defaulted on the loan in October and still owes the bank $27 million.

And with an arrest warrant outstanding for Ajay Gupta, one of three brothers in the family, there are other worries, too. “There is a very real concern that the aircraft may be used to escape justice or for some unlawful means,” wrote EDC in a recent application to a South African court seeking permission to ground the jet.

atakacs 3rd Mar 2018 20:50

Well I don't see how they could get maintenance for it anymore.
If it can't fly what's the point of keeping it?!

horatio_b 3rd Mar 2018 21:26

This article suggests it may be in St Petersburg where it landed in early February 2018:

https://www.news24.com/SouthAfrica/N...ussia-20180207

supportteam 4th Mar 2018 17:02

Left Moscow on Feb 11 heading south according to our network.

CYKFRotor 4th Mar 2018 19:22

Last I heard it was parked in Dubai and is now on the move

supportteam 4th Mar 2018 19:28

Didn't get that far south on the 11th and not seen since AFAIK.

jack11111 4th Mar 2018 23:51

I wonder if the crew is getting their pay up front. I hope so. Also imagine whoever sell them fuel will do likewise.

TWT 5th Mar 2018 03:07

This indicates it left the UAE last Saturday 3rd March ( unlikely to be accurate and true, of course)

https://real.flightairmap.com/flightid/55933018

2 years ago, it flew from Dubai to India and landed near Nakur : https://www.news24.com/SouthAfrica/N...india-20160411

Could it have been headed to India very recently ?
........
........
........


supportteam 5th Mar 2018 12:56

If someone wants to take a wheel clamp to Dubai Int reckon he should be there in about an hour , ex Mumbai !

CYKFRotor 5th Mar 2018 15:05


Originally Posted by supportteam (Post 10073464)
If someone wants to take a wheel clamp to Dubai Int reckon he should be there in about an hour , ex Mumbai !

Got any source on this info?

supportteam 5th Mar 2018 15:32

Yes , data confirmed, have location to within five metres.

atakacs 5th Mar 2018 15:38

I'm asking again: can such a global 6000 kept flight worthy without active involvement of the manufacturer? Seems highly unlikely

DirtyProp 5th Mar 2018 18:13

A 41 million loan with no collateral? Seriously?? How do I apply?

TWT 5th Mar 2018 19:04


Got any source on this info?
https://corporatejetinvestor.com/art...-in-dubai-879/

galaxy flyer 5th Mar 2018 20:58

Atakacs.

Yes, for awhile it can be, especially if they have a tech onboard, as happens. For awhile longer, if you don’t care.

GF

EDLB 6th Mar 2018 02:00

Why don’t they involve an effective REPO company. Will cost some money but in this part of the world there is additional money flow needed to get, what you wan’t.

supportteam 6th Mar 2018 06:21

Not my source , my post was a few hours ahead of the article and in real time , but CJI details are pretty accurate.

Piltdown Man 6th Mar 2018 08:14

What value does a plane have that no longer has manufacturer support, has an undocumented flight history, is unregistered and potentially has unrecorded maintenance? If the repo men get their hands on this and it returns to the air, would you fly in it? And which muppet in the EDC signed this off? He probably went to the same school as Mark Carney.

PM

supportteam 6th Mar 2018 08:37


Originally Posted by Piltdown Man (Post 10074326)
What value does a plane have that no longer has manufacturer support, has an undocumented flight history, is unregistered and potentially has unrecorded maintenance? If the repo men get their hands on this and it returns to the air, would you fly in it? And which muppet in the EDC signed this off? He probably went to the same school as Mark Carney.

PM

Flight "tracking" is only restricted on web based sites which have to comply with FAA BARR requests.
ATC will know where it is and where it has been , so too the private tracking sites.
It doesn't seem to be breaking any aviation laws as such and the flights will no doubt be documented in the log.
Its a mistake to assume its missing or trying to avoid detection. Many a/c are blocked , for many reasons.

I suppose its like having a taxed , insured , MOT'd vehicle [ in the UK ] but having defaulted on the loan payments.
There is nothing to stop the car being driven around until the loan company takes civil action and brings in the clampers.
A nice chunky clamp on the nose wheel and it ain't going anywhere!

supportteam 7th Mar 2018 13:41

For anyone interested in the extent of the BARR list its worth looking at...

.muckroc dot .com/foi/united-states-of-america-10/faa-list-of-blocked-aircraft-barr-listasdi-block-list-34713/

ZS-OAK is not listed as it is a recent addition , however , its just one of thousands!

Airbubba 7th Mar 2018 22:14


Originally Posted by supportteam (Post 10075886)
For anyone interested in the extent of the BARR list its worth looking at...

Here's a more direct link to the list:

https://cdn.muckrock.com/foia_files/...quest_Data.pdf

supportteam 8th Mar 2018 09:42

ZS-OAK is on the move , left Dubai south about 10.00GMT heading SW after a rapid climb.

Capot 8th Mar 2018 11:14

So far as the rather foolish loan (guarantee?) is concerned, anyone familiar with the sad story of the uncompleted 4-aircraft purchase from Bombardier by Palestine Airlines about 18 years ago will recognise the propensity of the Canadians to do whatever's needed to shift a few Bombardier aircraft on to a possibly dodgy buyer.

supportteam 8th Mar 2018 12:41

Through Jeddah airspace and on for Khartoum.
If he hangs a left there , he's probably on a home run.
There is no way this route could have been taken without a formal flight plan , which shows that aviation authorities
have no jurisdiction where civil disputes are concerned.

supportteam 8th Mar 2018 18:00

Libreville anyone ?

Airbubba 8th Mar 2018 23:59


Originally Posted by supportteam (Post 10077328)
Libreville anyone ?

Landing about 1755Z. A GLEX departed LBV about 20Z enroute Contonou, not sure if it is the same one.

supportteam 9th Mar 2018 07:40


Originally Posted by Airbubba (Post 10077645)
Landing about 1755Z. A GLEX departed LBV about 20Z enroute Contonou, not sure if it is the same one.

Yes that 's the one , still there I think.
Interesting flight pattern....maybe a S Atlantic crossing from Benin.....who knows ?

pzu 14th Mar 2018 15:05

Any more updates?

PZU - Out of Africa (Retired)

supportteam 14th Mar 2018 16:29

Still enjoying the delights of Benin by the looks of it !

supportteam 19th Mar 2018 11:55

Moving on?
Could be about to depart for pastures new..

Airbubba 19th Mar 2018 15:29

Now descending into Banjul, Gambia. :confused:

Connetts 19th Mar 2018 16:08

Court orders Guptas' jet to be grounded
 
Here's the latest developments......

https://mg.co.za/article/2018-03-19-...to-be-grounded

https://www.iol.co.za/news/politics/...a-jet-13908562

Court order ground Gupta Jet | African news network 7


But now the question is: where is it?

If anyone knows, please tell the South African CAA.......

This is an incident in a developing saga of state capture, criminal trials, corruption, and attempts to evade justice.

Airbubba 19th Mar 2018 16:41


News24 reported in February that the Bombardier Global 6 000 business aircraft registered as ZS-OAK, had landed in Russia.

Following this, the plane could no longer be tracked on publicly accessible flight tracker websites and apps.
A couple of us here might beg to differ on that one. ;)

supportteam 19th Mar 2018 16:53

I think it is still parked on the south side at Cotonou.
The latest intel about Banjul now seems a bit suspect , although I may be wrong.
The flight to Banjul from Cotonou seems to have been carried out be a different GLEX which landed there [ Cotonou] a couple of days ago then flew to Banjul where it landed around 1530 today.



"The tracking device on the leased Bombardier Global 6 000 business aircraft, with the tail number ZS-OAK, was switched off so that it could not be traced after the bank terminated the Guptas' lease agreement owing to payments defaults."

Interesting that this still seems to be the general opinion.
The tracking device / Mode S transponder , was never turned off.

http://oi64.tinypic.com/29z8ykg.jpg

Either way ZS-OAK is either at Banjul , or Cotonou and if the court has ordered it to be grounded , then in theory that's where it will stay awaiting eventual storage at Lanseria..

Be interesting to see how this plays out.

Airbubba 19th Mar 2018 17:15


Originally Posted by supportteam (Post 10089351)
The flight to Banjul from Cotonou seems to have been carried out be a different GLEX which landed there [ Cotonou] a couple of days ago then flew to Banjul where it landed around 1530 today.

Thanks, I just saw it as a GLEX. Anyway, if they owed me that much money, I'd sure be making phone calls and dispensing gratuities to African FBO's to follow these leads.

supportteam 20th Mar 2018 08:48

I would be very surprised if Phil Taylor doesn't know exactly where this a/c is , down to the last few metres.
It has been handled by so many agencies in the last few weeks that every minute of its flight time has been recorded in detail.
Ask the right questions of the right people and all would be revealed irrespective of its inclusion in the BARR list.

supportteam 20th Mar 2018 08:53

Come to think of it....pay all my expenses and a finders fee of one million dollars US and I'll go and put a wheel clamp on it myself ! :O)

supportteam 20th Mar 2018 08:57


Originally Posted by Airbubba (Post 10089382)
Thanks, I just saw it as a GLEX. Anyway, if they owed me that much money, I'd sure be making phone calls and dispensing gratuities to African FBO's to follow these leads.

The GLEX that left Cotonou for Banjul yesterday is now on its way back.

supportteam 23rd Mar 2018 12:40

Then there was one......

Having left Benin , Jet Magic's Global Ex is about to land Marakesh , so by my reckoning that leaves just one GLEX at Cotonou , south side.

Arsenal77 26th Mar 2018 18:16

I see it every day
 
ZS-OAK is parked on a ramp in Dubai (DWC) for weeks now.


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