Tuesday, October 25, 2016
NPA surprised by court challenge in Gordhan case
NPA surprised by court challenge in Gordhan case
Freedom Under Law and the Helen Suzman Foundation have gone to court to challenge the fraud charge against Minister Gordhan.
NPA Finance Minister Pravin Gordhan SARS
Stephen Grootes | about 6 hours ago 25/10/2016
JOHANNESBURG The National Prosecuting Authority(NPA) says it is surprised that Freedom Under Law and the Helen Suzman Foundation have gone to court to challenge the fraud charge against Finance Minister Pravin Gordhan.
It says the institution had already told the two organisations that NPA head advocate Shaun Abrahams has asked investigators to clarify some details, before making a final decision on whether the prosecution will go ahead.
The two groups have strongly criticised the NPAin their papers suggesting an ulterior motive could be behind its decision.
The NPA's Luvuyo Mfaku says that Abrahams received the submissions from former Sars commissioner Oupa Magashula and his former deputy Ivan Pillay last week.
He decided then to order that some outstanding issues be addressed related to the investigation, before he can make a decision on the matter.
Mfaku says this means that those submissions may result in the case not going ahead.
If this happens it could mean the challenge from the two groups is premature.
Meanwhile, chief executiveof Goldman Sachs Colin Coleman says it's important to support the Finance Minister at this time.
You know we have ratings agencies reviewing South Africas sovereign credit rating in the next couple of months. We have been working extremely hard on our economic growth which has been low. We hope we are starting to improve our democratic institutions which were trying to defend.
Eighty-one CEOs, including Coleman, have backed Gordhan ahead of his medium-term budget speech this week, saying theyre against politically motivated prosecutions.
The 81 CEOs who signed the pledge were:
Altron: No name provided
Anglo American: Mark Cutifani
AngloGold Ashanti Limited: Srinivasan Venkatakrishnan
Asisa: Leon Campher
Aspasa & Sarma: Nico Pienaar
Aveng: Kobus Verster
Bain & Company: Vittorio Massone
Barclays Africa: Maria Ramos
Bid Corporation: Brian Joffe
Blue Label Telecoms: Mark Levy
Business Unity South Africa: Khanyisile Kweyama
Business Leadership South Africa: Thero Setiloane (on behalf of member companies)
Black Business Council: Mohale Ralebitso
Bowman Gilfillan: Robert Legh (chairperson)
Capitec Bank: Gerrie Fourie
CEO Initiative: Jabu Mabuza (convenor)
Chamber of Mines: Roger Baxter
Credit Suisse South Africa: Rick Menell (chairperson)
Dimension Data Middle East & Africa: Grant Bodley
Discovery Limited: Adrian Gore
Distell Limited: Richard Rushton
ENSafrica: Michael Katz (chairperson)
Exxaro Resources Limited: Mxolisi Mgojo
FirstRand Bank: Johan Burger
Goldman Sachs: Colin Coleman
Growthpoint Properties Ltd: Norbert Sasse
Hollard Group: Nic Kohler
Imperial Holdings: Mark Lamberti
Independent: Michael Spicer
Investec Bank Limited & Investec: Stephen Koseff
Johannesburg Stock Exchange: Nicky Newton-King
Kagiso Tiso Holdings: Vuyisa Nkonyeni
KPMG Southern Africa: Trevor Hoole
Liberty Holdings Group: Thabo Dloti
Life Healthcare: Andr Meyer
Lion Pride Investment Holdings Ltd: Geoff Rothschild
Mediclinic SA: Danie Meintjes
Menston Holdings (Pty) Ltd: Stanley Subramoney
MMI Holdings: Nicolaas Kruger
Mondi Group: David Hathorn
Mr Price Group Ltd: Stuart Bird
MTN SA: Phuthuma Nhleko (chairperson) and Mteto Nyati (CEO)
Murray & Roberts Holdings Limited: Henry Laas
Nampak Ltd: Andr de Ruyter
Nando's: Geoff Whyte
Naspers: Bob van Dijk
Nedbank Group: Vassi Naidoo (chairperson)
Nedbank Group: Mike Brown
Netcare: Richard Friedland
Northam Platinum: Paul Dunne
Old Mutual: Bruce Hemphill: Dave Macready and Ralph Mupita
PG Group: Charles Bromley
Pick n Pay Stores: Gareth Ackerman (chairperson)
Pioneer Foods Group Ltd: Phil Roux
Primedia: Roger Jardine
RCL Foods: Miles Dally
Remgro Finance Corporation: Jannie Durand
Reunert: Alan Dickson
Richards Bay Minerals: Mpho Mothoa
RMB Holdings and RMI Holdings: Herman Bosman
Rothschild: Martin Kingston
Safika Holdings: Moss Ngoasheng
Sanlam: Ian Kirk
Sappi Limited: Steve Binnie
Sasol Limited: Bongani Nqwababa & Stephen Cornell
SEIFSA: Kaizer Nyatsumba
Shell Downstream South Africa: Bonang Mohale
Sibanye Gold: Neal Froneman
South32 Limited: Michael Fraser
Spar: Graham O'Connor
Standard Bank Group Ltd: Ben Kruger & Sim Tshabalala
Sun International: Graeme Stephens
T-Systems South Africa: Gert Schoonbee
Telkom SA Limited: Sipho Maseko
TFG: Doug Murray
The Banking Association South Africa: Cas Coovadia
Tower Property Fund Ltd: Marc Edwards
Twinsaver Group: Garth Towell
Webber Wentzel: Christo Els (Senior partner)
Woolworths Group SA: Simon Susman
Woolworths Holdings (Australia): Ian Moir
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