Government rejects Independent Group allegations
20 July 2022
Government notes and rejects the malicious allegations made by the Independent Media Group’s head Iqbal Surve that President Cyril Ramaphosa and Minister Pravin Gordhan, a sitting Cabinet member, have applied political pressure and are using the banks to silence the media.
The Independent Group’s allegations are devoid of truth and seek to bring the President and the Minister into disrepute. Furthermore, the country has a formal banking system, which is highly regulated and accountable to regulators and industry bodies.