South Africa: Gordhan Not Taking Survé Outburst Lying Down


A raid on the offices of Iqbal Survé's Sekunjalo Investment Holdings on 9 October 2019 saw a grandstanding Survé hurling accusations he may soon regret. His claims of conspiracy, and worse, have not fallen on deaf ears.

Public Enterprises Minister Pravin Gordhan has responded, via his attorneys, to the "malicious, yet nonsensical utterances of Mr Iqbal Survé, the Chairman of Sekunjalo Investment Holdings... following a search and seizure operation by the Financial Sector Conduct Authority (FSCA) at his company's offices on 09 October, arising from an order of the High Court".

This follows Survé saying that the raid on the Cape Town offices of Sekunjalo Investment Holdings was aimed at finding information and was an abuse of power. A video clip of Survé speaking to the FSCA investigator at his offices during the raid was going around social media on the day and was up on Independent Media's IOL website after the raid. In the short video Survé says:

"It's Pravin Gordhan behind this... it's an abuse of regulatory authorities... I'm aware that you went to the first judge, the judge said no to you... You went to a second judge who's a friend of the DA and of Pravin...

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