Gigaba like a rat guarding our cheese, says Malema
The EFF leader says Finance Minister Malusi Gigaba cannot be trusted with public funds and is the ‘architect of state capture’
With just more than a week to go before Finance Minister Malusi Gigaba is to present his medium-term budget policy statement, the EFF has said he cannot be trusted with public funds. Gigaba was appointed finance minister following President Jacob Zuma’s midnight cabinet reshuffle in March, in which former finance minister Pravin Gordhan and his deputy, Mcebisi Jonas, were axed. This led to ratings agencies Standard & Poor’s and Fitch downgrading SA’s foreign currency rating to junk status. In a media briefing in Johannesburg on Tuesday — which coincided with yet another cabinet reshuffle — EFF leader Julius Malema said Gigaba was running a parallel administration within National Treasury in order to bypass the tougher demands of process and strict adherence to the Public Finance Management Act.
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