Are ministers being used as political battering ram in the Guptas battle with the Banks?
11 May 2016
The Minister in the Presidency, Jeff Radebe, must make public statement clarifying whether any cabinet ministers met with the Banks following the termination their business relationships with Oakbay Investments (Pty) Ltd.
On 21 April 2016 the minister announced that the Minister of Finance, Pravin Gordhan, the Minister of Labour, Mildred Olifant, and the Minister of Mineral Resources, Mosebenzi Zwane, would be engaging with the Banks in order to find a ‘lasting solution’ to the dispute with Oakbay Investments (Pty) Ltd, a company controlled by the Guptas.
The decision backfired because it created the impression that ministers would be acting as heavy weight political battering rams for the Guptas in their battle with the Banks.
However, since then: