Duduzane Zuma
Reuters, 08/04 18:34 CET
By Tiisetso Motsoeneng and Zandi Shabalala
JOHANNESBURG (Reuters) – South
African President Jacob Zuma’s son said on Friday he would sell his
investments in a mining firm owned by friends of his father amid
speculation that the wealthy family is wielding undue political
influence.
Duduzane Zuma’s announcement came days after First
National Bank, a unit of FirstRand, joined three other South African
companies in quitting as bankers and auditors of companies owned by the
Indian-born Gupta family.
In a memo to staff seen by Reuters, Oakbay Investments – a
holding company for Gupta businesses in South Africa – said it had
approached government departments including Zuma’s office to express
“deep disappointment” over decisions by banks to close its accounts.
The Presidency and Oakbay did not immediately respond to requests for comment on the content of the memo.
Citing “aspersions” against his own family, Duduzane said
he would also step down as a director of Shiva Uranium, the main
subsidiary of Oakbay Resources, which houses the Gupta family’s mining
assets.
Click here for the full article.
Source: Euronews
No comments:
Post a Comment