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SACP 'worried' Guptas are coming for PIC

Blade Nzimande has warned that if the controversial Gupta family is granted access to the PIC, they will march.

FILE: The SACP's Blade Nzimande. Picture: Twitter/@SACP1921

JOHANNESBURG - The South African Communist Party’s (SACP) Blade Nzimande says the party is worried that the Gupta family is out to capture the Public Investment Corporation (PIC).

This follows recent reports suggesting plans were afoot to remove the corporation’s CEO Dan Matjila from the board in order to clear the way for looting.

Matjila was reported to have rejected a request for a R6 billion loan for South African Airways; it’s a claim he denies.

After three special board meetings in three weeks, Matjila has denied ever saying there were people looking to oust him in order to gain access to the R1.9 trillion state-owned enterprise.

Nzimande says there is still cause for concern.

“As the SACP we want to share this with you, we are worried that the Guptas are coming for the PIC. And you cannot allow that to happen.”

He has warned that if the controversial Gupta family is granted access to the PIC, they will march.

“If that happens, we must bring this country to a standstill and say we are not moving forward until those thieves who are looting the PIC are kicked out.”

Nzimande has commended Congress of South African Trade Unions for last week’s nationwide strike against corruption and state capture.

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