ANCYL urges more Bank of India loans for SA youth

2016-05-04 08:32
ANC Youth League president Collen Maine (Amanda Khoza, News24)

ANC Youth League president Collen Maine (Amanda Khoza, News24)

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WATCH: 'Why are you fighting for Guptas?' - ANC's Maine chased by Oakbay employees

2016-04-21 08:33

A meeting scheduled between ANC Youth League President Collin Maine and Gupta-owned Oakbay employees ended abruptly when they chased him away. Watch.WATCH

Pietermaritzburg - The ANC Youth League in the province has thrown its weight behind its president Collen Maine.

Maine made headlines after media reports suggested that the controversial Gupta family may have arranged with the Bank of India to grant Maine a bond of R5,4 million, which he did not qualify for, to purchase a home on a golf estate.

Maine had to give up his more than R1 million annual salary and the perks that came with it after he resigned from his MEC position late last year to focus on his position as the youth leader.

Though the national leadership of the Youth League chose not to comment on the subject, saying it was a personal matter, provincial secretary Thanduxolo Sabelo in a statement yesterday called the media report a witch-hunt. “It is our considered view that the timing of this baseless attack relates to President Maine’s support for the current leader of our revolution, President Jacob Zuma, who together with his Brics counterparts are responsible for the creation of a new world order that is upon us.

“The Youth League urges the Bank of India to make available more facilities to young black South Africans who have been rejected by Western Banks based on the collapsing Bretton Wood system,” he said.

Sabelo said the “attack” against Maine was not aimed at him as an individual, but aimed at the organisation as a whole. “The intention is to silence the only trusted voice of young people in the country.

“Placing this distraction at the doorstep of the president is calculated to move away the attention of the Youth League from the fight against youth unemployment, the pursuit for economic freedom in our lifetime, the inclusion of young people in decision making structures in the public and private sector, the expropriation of land without compensation and the nationalisation of mines amongst other issues,” he said.

Sabelo said the organisation continues to stand by its president and will continue to support the leadership in the pursuit of an agenda to achieve meaningful economic freedom in our lifetime. “No amount of media-based distractions will move us away from the commitment made to deliver economic freedom in our lifetime,” he said.


Read more on:    pietermaritzbrug  |  ancyl

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