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Tel: 011 072 2600
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Email: info@mcinc.africa
Web: www.mcinc.africa

Our Ref: T Malatji/M00022 Your Ref:

Direct Email: tmalatji@mcinc.africa Direct Tel: 011 072 2601 Date: 10 October 2019

TO ALL MEDIA HOUSES

MEDIA STATEMENT ON BEHALF OF OUR CLIENT, MIN PRAVIN GORDHAN

1 Several media enquiries have been addressed to the Ministry of Public Enterprises about
the malicious, yet nonsensical utterances of Mr Iqbal Surve, the Chairman of Sekunjalo
Investment Holdings, directed at our client, following a search and seizure operation by the
Financial Sector Conduct Authority (FSCA) at his company’s offices yesterday, arising from
an order of the High Court.

2 Our client, Min. Pravin Gordhan, has requested us to respond on his behalf, as follows—

2.1 Mr Surve has launched unsubstantiated attacks on our client without any evidence or
facts. He also attacked the judiciary.

2.2 The Chief Justice has invited those who make these kinds of allegations against judges
to come forward with evidence to prove any impropriety on the part of judicial officers.
Mr Surve is invited to produce proof of allegations he has made about the two Judges,
including that one refused to grant the FSCA a warrant and that another Judge who
granted the warrant, did so because he has a relationship with our client.

2.3 Distraction and deflections have become a reflexive response by those who are under
suspicion of one or other kind of misdemeanours.

2.4 Our client has no oversight over the FSCA and could not possibly have directed its
operations, including on whom the FSCA must conduct inspections.

2.5 What the South African public knows is that Mr Surve and his business entities have
been the subject of the Mpati Commission of Inquiry. The attempt at deflecting attention
from this, by making false and defamatory allegations against Min. Gordhan and others,
will not assist him and others in being held accountable for possible transgressions of
the law.

3 The focus of our client will steadfastly remain to stabilise the key institutions of the state
that have been severely damaged by state capture and corruption. These are state-owned
companies that provide electricity to our people and businesses, rail and port facilities to
commercial traders and key economic infrastructure to our country.

IN ASSOCIATION WITH BRUGMANS INC

Directors: Tebogo Malatji B Proc LLB Sunelle Eloff B Com LLM Bonang Masia LLB Sayi Nindi LLB LLM
Practising Consultants: Molatelo Mathikithela LLB (Notary & Conveyancer) Osborne Molatudi B Proc LLB
Senior Associate: Ally Makgopa LLB
Associate: Khathutshelo Nethavhani LLB LLM Reg No: 2018/261984/21
Managers: Tummy Seboko (Office Manager) Kholofelo Mokaba (Marketing Manager) Vat no: 4920281922
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4 Our client will not be distracted from this important mandate, notwithstanding the
“fightback” campaign.

ENDS

Yours faithfully,

MALATJI & CO

PER: T Malatji
Electronically transmitted and thus unsigned