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A parliamentary hearing on transformation of the financial sector on Wednesday degenerated into a slanging match that nearly ended in a fist fight. During the heated exchange between Black First Land First national convenor Andile Mngxitama and the chairman of the standing committee on finance, Yunus Carrim, Mngxitama said that Carrim was an Indian who would be removed in the same way that former finance minister Pravin Gordhan was removed. Mngxitama threatened to beat up Carrim after Carrim asked him to apologise for calling his co-chair of the hearings, Joan Fubbs, chairperson of the trade and industry committee, a fascist because she tried to keep him within the predetermined time limits for each speaker. When Mngxitama refused to leave the meeting, Carrim left his chair on the podium to approach him. It was at this point that Mngxitama — who was expelled from the Economic Freedom Fighters — threatened to beat up Carrim and called him "a defender of white monopoly capitalism".

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