Gigaba still a ‘puppet’ despite cancelling Gupta-linked company deal

Only the politically naive will think the minister’s decision means he is against the Guptas, says EFF’s deputy president.

Following Finance Minister Malusi Gigaba’s cancellation of a deal involving Gupta-linked company, Denel, Economic Freedom Fighters (EFF) deputy president Floyd Shivambu has shared his thoughts on the matter.

Though some were excited at the news, saying Gigaba had done the “right” thing, Shivambu said he was not fooled by the decision. “Only the politically gullible/naive will think that [Malusi] Gigaba’s Gupta contract entails he’s against them,” he said.

Shivambu said Gigaba was still a “puppet”, reiterating former ANC MP Vytjie Mentor’s accusation that all newly appointed MPs were puppets of the Guptas.

South African Federation of Trade Unions (Saftu) secretary-general Zwelinzima Vavi, however, seems to have been ‘fooled’ by Gigaba’s decision, saying Atul Gupa would not like it.

“What happened, I am surprised,” he said.

Gigaba cancelled a deal involving Gupta-linked company, Denel, after summoning its board chairperson, Dan Mantsha, to Durban on Friday to express his concern about the financial implications of the deal for the National Treasury.

Gigaba further instructed Mantsha to withdraw Denel’s high court application against National Treasury, The Sunday Times has reported.

The company had challenged former finance minister Pravin Gordhan’s refusal to approve Denel’s joint venture with VR Laser Asia to form a new company called Denel Asia.

Gigaba was reportedly “hard” on Mantsha, further instructing him to deregister Denel Asia and dissolve the venture.

His spokesperson, Mayihlome Tshwete, reportedly said the venture “didn’t make business sense” and also had “financial implications” to Treasury.


One thought on “Gigaba still a ‘puppet’ despite cancelling Gupta-linked company deal

  1. regarding Brian Molefe’s return as Eskom CEO:
    1. Has the reported R30m payout already been paid
    to Mr Brian Molefe or not?
    2. If the R30m payout has already been paid to Mr
    Molefe, will it now be recovered from him or not?
    3. What was the nature of the R30m payout? A
    pension payout? A severance payment? A
    performance bonus? Or what?
    4. If the R30m payout has been made, was it made
    from Eskom account? Pension fund account? Or
    5. Who would have approved the R30m payout?
    Eskom chairman? Eskom Board? Trustees of the
    Eskom pension fund? Or who?
    6. If the payout was pension payout, why is Eskom
    board involved at all? Surely a matter for pension
    fund trustees?
    7. Why are we not hearing from the Eskom pension
    fund trustees on this matter? What do the pension
    fund rules say?

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