Not even Finance Minister Pravin Gordhan’s political arch-opponents would risk accusing him of lacking backbone, for fear of being laughed out of town. Yet the Gupta family and their proxy, the acting CEO of Oakbay Investments, are apparently impervious to self-evident reality. In their affidavit arguing that the high court should not bother to consider Gordhan’s application for a declaratory order confirming that the finance minister cannot intervene in disputes between the banks and their clients, former Oakbay chief financial officer Ronica Ragavan said if the court "were to countenance the minister’s application for guidance here, it would open the floodgate for other weak-kneed political officials who are too scared to take positions on sensitive political and policy matters …". Yup, Gordhan, the big scaredy-cat who never took any personal or professional risks during the anti-apartheid struggle and who is too afraid to stand up to President Jacob Zuma, various factions of the ...

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