National 7.9.2016 01:08 pm

Mosebenzi Zwane faces pressure in Parly to resign

Minister of Mineral Affairs Mosebenzi Joseph Zwane at the Africa Mining Indaba on February 8, 2016 at the Cape Town International Convention Centre in Cape Town. Picture: Gallo Images

Minister of Mineral Affairs Mosebenzi Joseph Zwane at the Africa Mining Indaba on February 8, 2016 at the Cape Town International Convention Centre in Cape Town. Picture: Gallo Images

Last week the minister told the media Cabinet had adopted a proposal to probe the banks and review legislation regulating the sector.

Mineral Resources Minister Mosebenzi Zwane is expected to face a tough time in Parliament later today, as the Democratic Alliance (DA) gears up to ask him if he is prepared to resign following his lie that Cabinet had resolved to establish a judicial inquiry into the banks’ decision to withdraw their services to the Gupta-controlled Oakbay Investments.

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The party’s David Maynier confirmed that National Assembly Speaker Baleka Mbete granted his request to ask the minister the question.

The urgent request is apparently the first one Mbete has agreed to have tabled by the opposition in the national legislature.

Maynier’s question reads: “… In light of his controversial statement, dated September 1, 2016, concerning his recommendation that a Judicial Commission of Inquiry be established to investigate the termination of contractual relationships by certain financial institutions with Oakbay Investments (Pty) Ltd, the minister will resign; if so, when; if not, why not?”

The DA has accused Zwane of allowing the Guptas to “hijack” Cabinet by proposing the institution of the probe by the executive and the review of key financial legislation regulating the banking sector, National Treasury, and the Reserve Bank.

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Last week the presidency and Cabinet distanced themselves from the minister’s statement, resulting in growing calls from the SA Communist Party and Cosatu for President Jacob Zuma to remove him from his portfolio.

 

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