Tito Mboweni withdraws from ANC’s Parliament list

2014-05-21 08:17

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Former SA Reserve Bank governor Tito Mboweni has withdrawn from the ANC’s list for Parliament, making himself unavailable to serve as an MP.

This was announced by ANC secretary-general Gwede Mantashe in Cape Town yesterday.

Mantashe would not be drawn on the reasons for Mboweni’s withdrawal, contained in a letter to the ANC.

“I don’t think it would be ethical ... to read a letter that Mboweni writes to the ANC ... and we don’t think that should be done.

“He will be doing something different in the best interests of the country and himself.”

Mboweni’s withdrawal followed speculation that he would replace Finance Minister Pravin Gordhan if he was not available for appointment or was deployed elsewhere.

Gordhan, who is not an MP, was appointed in 2009.

The law allows the president to appoint two ministers and two deputy ministers who are not MPs to his Cabinet.

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