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Cosatu: Gupta influence on govt a serious concern

Media reports claim the Guptas stand to benefit from a deal with state-owned arms manufacturer Denel.

Cosatu,Gupta family,Gupta,guptagate,The Congress of South African Trade Unions Cosatu
Local

JOHANNESBURG – As fresh controversy emerges around the Gupta family this morning, the Congress of South African Trade Unions (Cosatu) is warning that their influence on government is a serious concern.

But the trade union federation denies it raised their relationship with the Zuma family at a recent African National Congress (ANC) meeting.

The Mail & Guardian is this morning reporting that the Guptas stand to benefit from a lucrative deal with state-owned arms manufacturer Denel, which recently expanded into the Asian market.

The report says the wealthy family stand to benefit from the Denel-Asia venture through their investment in VR Laser, which they acquired in 2012.

The Guptas reportedly secured the deal and Denel announced its expansion without authorisation from National Treasury and the Public Enterprises Department.

Meanwhile, Cosatu President S'dumo Dlamini says the influence of the Guptas is a concern raised at ANC meetings.

“It cannot be that there is a perception that there’s a family that manipulatives things in government and elsewhere for business interests.”

He says workers are cautious about the powers the Gupta family appears to wield.

Cosatu is also unhappy about potential job losses at the Guptas Optimum Coal Mine, but the family says these will be minimised.

Yesterday, Economic Freedom Fighters’ (EFF) leader Julius Malema said he and his party want the Gupta family to leave the country because they’re tired of the corruption. 

Malema said Gupta-affiliated news agencies are no longer welcome at EFF stories, calling out The New Age and ANN7, specifically. 

The EFF leader said the Gupta family, President Jacob Zuma and corruption must fall.

WATCH: Malema: Guptas must leave SA

(Edited by Tamsin Wort)

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