Mabuyakhulu will not budge

2011-08-06 16:49

Practise what you preach doesn’t apply to KwaZulu-Natal economic development MEC Mike Mabuyakhulu.

Mabuyakhulu is refusing to step down after he was charged for racketeering, ­corruption and fraud this week.

This ­is despite his swift suspension in August last year of Ithala Bank chief executive Sipho Shabalala.

Ithala Bank is owned by the KwaZulu-Natal government.

Both Mabuyakhulu and Shabalala are co-accused in the matter.

At the time, Mabuyakhulu said Ithala Bank’s board and the provincial government were concerned about the effects the allegations might have on the financial services and property development company.

Premier Zweli Mkhize refuses to heed calls by opposition parties to suspend Mabuyakhulu.

“We stand behind Mr Mabuyakhulu and Ms (Peggy) Nkonyeni, and work on the principle of colleagues being innocent until proven otherwise. We will respect all legitimate legal processes in this matter,” the cabinet statement at the time said. Nkonyeni is the provincial legislature speaker.

Mabuyakhulu’s spokesperson Bheko Madlala said the MEC would not step down because of the charges.

“The allegations .?.?.?still have to be tested in a court of law,” Madlala said.

Ithala has not extended Shabalala’s contract.

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