ANCYL lashes out at ex-JSE boss

2012-10-18 20:57
ANCYL (Picture, Sapa)

ANCYL (Picture, Sapa)

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Johannesburg - The ANCYL criticised former JSE CEO Russell Loubser's comments about the organisation on Thursday, and said he was uninformed.

"Mr Loubser is an uninformed and reckless loudhailer of the interests of white monopoly capital," the African National Congress Youth League said in a statement.

"He has... spoken of things he knows nothing of and it astounds the mind that in 2012 the ANCYL would be called upon to account for its views by previously and still advantaged boys of white privilege."

On Wednesday, Loubser asked why no leaders were guiding ANCYL members.

"Today's ANC Youth League is not the ANC Youth League of Nelson Mandela, Walter Sisulu, Govan Mbeki, Oliver Tambo and the like," he told students at the University of the Witwatersrand, in Johannesburg.

"The ANC Youth League... today is a disgrace and embarrassment."

It was also "a destroyer of confidence".

"You won't hear one idea from the ANC Youth League on how to create wealth, value, but you will hear constantly how to redistribute wealth," he said.

The ANCYL said Loubser's comment that the call for nationalisation was "brainless talk" was an insult to the league.

"Loubser would do himself good to seek to understand the struggles of the people before spewing reckless rhetoric, thinking that attacking the ANCYL is a national sport," it said.

Suspended ANCYL spokesperson Floyd Shivambu said Loubser had taken part in "intellectual hooliganism".

"This representative of white monopoly capital, a racist and intellectual dwarf, chose to throw insults on the leadership of the ANC Youth League without substantially responding to [its] profound and proficient policy positions," Shivambu said in a statement.

Mandela, Sisulu, Mbeki and Tambo, who Loubser tried to disassociate from the ANCYL of today were some of the biggest proponents of the Freedom Charter, which called for the nationalisation of the mines.

"These leaders proclaimed nationalisation of mines as policy of the ANC, and have handed the baton to us to continue with the struggle for economic freedom, because they achieved political freedom in their lifetime," he said.

Read more on:    anc  |  ancyl  |  floyd shivambu  |  russell loubser  |  politics
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