‘Confront the parasites within our economy’: SACP

01 May 2016 - 16:59 By TMG Digital

The South African Communist Party has accused the Guptas of being parasites‚ claiming that their “smash-and-grab‚ hit-and-run greed” had become so reckless that the banks dealing with them are exposing themselves to international sanctions and even losing their licences. In a 'May Day' (Workers’ Day in SA) message‚ the SACP called on supporters to confront the parasites within the economy and defend the country’s democratic national sovereignty.Charge of treason against Malema must be ‘seriously pursued’: SACPA charge of treason against Economic Freedom Fighters leader Julius Malema must be “seriously pursued”‚ the South African Communist Party says. “Even the predators who have parasitically ripped off our new democracy in more recent times‚ like the Guptas‚ are running away to Dubai with their ill-gotten wealth‚ leaving their employees behind to face an uncertain future‚” the party said. The Guptas and their supporters were‚ of course‚ trying to blame the banks‚ brokers and auditors for this situation‚ it added. But these same banks‚ brokers and audit firms were very happy to be making money out of Gupta transactions for many years‚ for as long as they could get away with it.“But the smash-and-grab‚ hit-and-run greed of the Guptas has become so reckless that the banks have been warned that they are exposing themselves to international sanctions and even to losing their local operating licences if they continue dealing with these parasites.“That’s the reason for what is happening – not some imperialist plot that those who are in bed with the Guptas claim. The Guptas are not patriotic‚ they are parasitic‚” the SACP charged.“We can’t effectively deal with established monopoly capital‚ we can’t defend our South African national sovereignty in the face of an external imperialist agenda if the parasites inside our economy have weakened the South African Revenue Services‚ or undermined the developmental mandate of an Eskom‚ or an Armscor‚ or an SAA‚ through their plunder-preneuring activities.“The struggle against corporate capture of our democratic state is a necessary struggle to defend our people‚ our democracy‚ our constitution in the face of imperialism and monopoly capital. It is not a question of supporting the Ruperts and Oppenheimers against the Guptas‚ or supporting the Guptas against the Ruperts and Oppenheimers. We have to fight capitalist exploitation in all its forms‚” the SACP stated...

There’s never been a more important time to support independent media.

From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.

Already subscribed? Sign in below.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.