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The PIC commission should start now that Nene has been fired

The PIC commission should start now that Nene has been fired

We welcome President Ramaphosa’s decision to show Nhlanhla Nene the door. We have consistently been calling on the President to act with speed in instituting a commission of inquiry regarding the Public Investment Corporation (PIC). The Gupta scandal makes the exploitation of the PIC look like a Sunday picnic and the President should take immediate action so that the rot may be exposed. We now know why Nene was dragging his feet when it came time for him to institute the PIC commission of inquiry. He was protecting certain individuals at the PIC, given the involvement of his son. The United Democratic Movement (UDM) has consistently called upon President Ramaphosa to make certain that the cancerous tumour of corruption, that envelopes the PIC, should be cut out. The UDM had, a couple of weeks ago, handed over our files on the whole PIC saga to Advocate Budlender SC which included the details of the Mozambican oil deal scandal. It showed the role of the PIC CEO and certain Fidelis Madavo in this mess. The President’s focus should now be on publishing the terms of reference for the commission of inquiry and the appointment the commissioners. The terms of reference for the PIC commission of inquiry should include all the questionable deals that went through the system whilst Nene was board chairperson. It would also be important to scrutinise any other suspicious deals that were approved by previous board chairpersons.

UDM reacts on Gupta’s offering Deputy Minister Jonas a position of Finance Minister

UDM reacts on Gupta’s offering Deputy Minister Jonas a position of Finance Minister

Media statement by UDM President Bantu Holomisa MP United Democratic Movement (UDM) welcomes the shocking confirmations made the Deputy Minister of Finance Mr. Mcebisi Jonas this afternoon. His bold decision demonstrate his commitment to his oath of office and confirms that at least within the ruling party there are some who puts South Africa and its citizens first. This behaviour by the Gupta family can only be best described as treason. Unfortunately, they have not captured the government of South Africa without the knowledge of President Zuma. In fact, they surely have his approval and probably a mandate too. It will be interesting to know, whether he himself was not frog marched to the union building; as well as whether many other ministers and senior government officials were not appointed by the Guptas since 2009. On Sunday, the 13th of March 2016, the President is on record, in an ANC Alliance Eastern Cape meeting, defending the Guptas saying they helped his son, who is their business partner, to get work experience and a job when he could not get one South Africa because he is a Zuma. This behaviour by the President makes it very impossible to believe anything but that the Gupta family are in total control of the South African government and some state institutions. We have been consistent in saying that President Zuma is no longer a liability to the ANC but is also a threat to the country and its wellbeing. We have also written to the Speaker of the National Assembly suggesting that the relationship between the family of the President and that of the Guptas, is threatening the security and the economy of the country. The confirmations by Deputy Minister vindicates us. We suggested to the Speaker, that the Parliamentary Joint Standing Committee on Intelligence should investigate this relationship and its impact on the security and economy of the country. The African National Congress and South Africans must remember that the Gupta family never contested elections in South Africa and therefore were never voted and never took an oath of office, yet they exercise powers only reserved by the Constitution of the Republic to the person in the highest office of the country. There is a symbiotic relationship between the events that resulted to the country losing billions of rands in December 2015, which were characterized by the sacking of Minister Nene, appointment of Minister Van Royen and the now confirmed offer by Guptas, surely they have a mandate. We advise the ANC to do itself a favour and cleanse itself of this monumental embarrassment and probably regain some of the credibility they have lost since the coming of President Zuma into the public office. However, if they fail and continue to do what they have been doing since 2009, defending one scandal after another of a one man, then the electorate must heavily punish them on the ballot box. End