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Treasury ‘nuclear bomb’ could sink Zuma – and SA

A report suggests that Treasury has a “nuclear bomb”, which will guarantee the end of President Jacob Zuma, but will also drag South Africa into the pits.

by Jeanine Walker
2016-08-30 12:27
in News
Treasury ‘nuclear bomb’ could sink Zuma – and SA

The news of at the Treasury ‘bomb’ comes at the time when the Police’s special investigating unit, The Hawks, are investigating Finance Minister Pravin Gordhan, which is seen by many as a political move to replace the finance minister.

But BizNews founder Alec Hogg wrote on his website a Treasury insider told him that a top team at the Treasury has a plan should Zuma try to “capture the national reserves… They called it the nuclear bomb option, something so drastic it will only be effected should Zuma try to eject SA Treasury’s respected leader, Gordhan”.

Hogg said: “Treasury’s nuclear bomb option is apparently so powerful that it guarantees if Gordhan goes, so will the country’s credit rating (and rand, and stock market)… Hitting the button will also see the end of Zuma. Taking the country to a rock bottom some say is a small price to pay. Hopefully it is not required.”

MyBroadband.co.za says many experts believe Zuma, with the influence of the Gupta family, is behind the Hawks investigation – with the aim of capturing Treasury. Gordhan allegedly told Treasury staff in a meeting on Friday that the Guptas were attacking him because of the work the department was doing.

Tags: HawksPravin GordhanSA's state captureZuma
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