New Age2.png

 

 

Cronin at odds with SACP on banks

 

 

Bonolo Selebano, The New Age, Johannesburg, 4 May 2016

 

The SACP yesterday distanced itself from comments attributed to its first
deputy general secretary, Jeremy Cronin, that the party supports the
decision by the four big banks to close the accounts of Oakbay Investments. 

 

SACP spokesperson Alex Mashilo said that the party supports Oakbay workers
in the spat. 

 

"As the SACP we are neither siding with the Guptas nor the banks. We are on
the side of the workers. The banks must come out and disclose the real
reasons as to why they withdrew their services," Mashilo said. 

 

On Monday, Cronin said in a media interview that "the withdrawal of the
services should not be seen as some imperialist plot as has been alleged in
certain quarters. We are saying it's a precautionary move on the part of the
banks, but also the stockbroker and KPMG." 

 

Cronin's phone remained on voicemail. This latest contradiction between the
SACP and Cronin came in the wake of comments also attributed to Cronin that
President Jacob Zuma should face corruption charges in reference to a ruling
by the South Gauteng High Court last Friday that the NPA was wrong in its
earlier decision to drop charges against Zuma. 

 

Mashilo was forced to issue a statement on Monday in which he claimed that
Cronin was "misrepresented". 

 

Meanwhile, COSATU president Sdumo Dlamini yesterday reiterated the
federation's support for workers of Oakbay Investments in the company's spat
with the country's banks. 

 

In a post-May Day press briefing at COSATU House in Johannesburg yesterday,
Dlamini weighed in on media reports that Cronin supported the decision by
the banks to close Oakbay's accounts, thus endangering the jobs of thousands
of workers. 

 

"The decision taken by the banks to close accounts belonging to Oakbay has a
direct impact on workers. There are 7 500 of them. Should the decision
stand, those workers will be out of employment," he said. 

 

"We will come out to intervene at any time when the jobs of employees are
threatened. COSATU has taken a conscious decision to support workers," he
said. 

 

Dlamini said COSATU had put the matter up for discussion at the National
Economic Development and Labour Council (NEDLAC), "so the banks can join the
discussion on the aspect of the workers' jobs". 

 

Dlamini threw his weight behind last week's march by Oakbay employees on the
banks to hand over a memorandum for the accounts to be reopened. 

 

"We support workers who marched to the banks to save jobs," he said. 

 

[email protected]

 

 

From: http://tnaepaper.co.za/DRIVE/main%20edition/04052016/epaperpdf/1.pdf

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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