Zuma’s Son Blames Gordhan for Bank Accounts Being Closed

  • Duduzane Zuma says he is selling his assets, following Guptas
  • Former finance minister Gordhan refers letter to his lawyers
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Duduzane Zuma, a son of South African President Jacob Zuma, said all of his bank accounts have been closed because of pressure on financial institutions from former Finance Minister Pravin Gordhan.

Duduzane Zuma’s business relationship with the Gupta family, who have been accused of wielding influence over Zuma and some state-owned companies, has been criticized by opposition parties. South Africa’s four biggest banks shut Gupta-controlled company accounts last year, citing reputational risk and regulatory concerns. India’s Bank of Baroda, the last lender to continue doing business with them, is in the process of following suit.