Mboweni in the end decides not to share his views on Gangster State

 Tito Mboweni (Rodger Bosch / AFP)
Tito Mboweni (Rodger Bosch / AFP)

Finance Minister Tito Mboweni has decided not to weigh in on the book Gangster State, by investigative journalist Pieter-Louis Myburgh, which claims to place ANC secretary general Ace Magashule at the centre of a state-capture network while he was premier of the Free State. 

Magashule was Free State premier until December 2017. 

Last week Mboweni tweeted that he would read and study the book over the weekend and give his opinion by Monday.

On Monday evening the finance minister tweeted that he had "read, studied and reflected" on the book, but would not be sharing his views "given that it raises too many potential legal issues".  

He suggested that people should rather read the book themselves and make up their own minds.

The ANC has condemned the book. In a statement last week in reaction to the book, the party's spokesperson Dakota Legoete referred to it as a "dubious book" saying it was "timed for publication barely a month before our national elections in order to try and inflict the maximum damage against the Secretary General of the ANC".

The ANC then appeared to be on the cusp of retracting the initial statement, only to backtrack again to say it would not be retracted as the party had lodged a complaint with the Press Council, which could end up before the courts.

The book's publisher, Penguin Random House, has said it will not withdraw the book amid political pressure, News24 reported previously.

ZAR/USD
17.11
(-0.84)
ZAR/GBP
21.49
(-1.31)
ZAR/EUR
19.32
(-0.59)
ZAR/AUD
11.91
(-0.60)
ZAR/JPY
0.16
(-0.69)
Gold
1795.49
(+0.59)
Silver
18.22
(-0.16)
Platinum
836.52
(+2.30)
Brent Crude
43.07
(+0.70)
Palladium
1924.00
(+0.34)
All Share
55243.80
(+0.72)
Top 40
50922.32
(+0.83)
Financial 15
10086.99
(-0.47)
Industrial 25
76855.87
(+0.55)
Resource 10
52017.34
(+1.71)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
I'm not really directly affected
18% - 1725 votes
I am taking a hit, but should be able to recover in the next year
23% - 2261 votes
My finances have been devastated
34% - 3375 votes
It's still too early to know what the full effect will be
25% - 2449 votes
Vote