SACP threatens nationwide shutdown if Molefe takes over PIC

SACP spokesperson Alex Mashilo says allegations and reports that there is a Gupta manoeuver to replace chief executive of Public Investment Corporation (PIC) Dr Daniel Matjila are not to be taken lightly.

Matjila is being accused of misusing PIC funds to finance a personal project related to someone he is allegedly in a relationship with.

It has emerged that Matjila is to be replaced by former CEO of Eskom Brian Molefe.

Read: Are allegations against Daniel Matjila fabricated to oust him?

It is very clear that these fellows are in charge...

Alex Mashilo, SACP spokesperson

Should these shenanigans proceed, all South Africans workers in defense of their retirement funds, black and white united, have to stop production and drive these parasites once and for all from power.

Alex Mashilo, SACP spokesperson

Mashilo says because these are still allegations, they have adopted a wait and see attitude but if it proceeds it will be met with action.

If these allegations happen to be true, there will be a nationwide economy shutdown, says Mashilo.

According to these reports they are clearly not gone and are maneuvering to capture the workers retirement funds.

Alex Mashilo, SACP spokesperson

Mashilo says the SACP has not taken any position on reports that workers retirement money may be used to bailout SAA.

We would not like worker retirement funds to be invested in activities where those monies will evaporate. But in the case of SAA we have not taken a specific decision.

Alex Mashilo, SACP spokesperson

Workers retirement funds must be invested to uplift the well being of the workers and to advance transformation and development.

Alex Mashilo, SACP spokesperson

To hear the rest of the interview, listen below:


This article first appeared on CapeTalk : SACP threatens nationwide shutdown if Molefe takes over PIC


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