A FAMOUS GROUSE
GOOD luck to those three Cabinet ministers who have been instructed to “interact” — as Minister in the Presidency Jeff Radebe so encouragingly put it — with the four banks that gave notice to shut down the accounts of the Gupta family company, Oakbay Investments.
Admittedly I myself on occasion have had to interact with the banks in such a fashion. They were not edifying displays. Hellish on the knees, the grovel. Besides, where does all the whining and begging get you anyway? Pardon my French, but putain nulle part — and most certainement.
Oakbay employees should bear this in mind. They have pleaded with the banks to change their minds, saying they would lose their jobs if the company couldn’t do business. It’s a seemingly reasonable approach, launching a “sympathy campaign”, but it’s a terrible mistake to assume that the banks actually care about such things.
Which is why the employees shouldn’t pin their hopes on the efforts of Finance Minister Pravin Gordhan, Labour Minister Mildred Olifant and Mineral Resources Minister Mosebenzi Zwane. Theirs is going to be a Sisyphean task.
Zwane, in particular, is an odd choice for the mission. He’s reportedly very close to the Guptas. He helped them acquire the Glencore Optimum colliery and his political adviser has now been revealed as also having a business connection with the family.