Johannesburg - The Economic Freedom Fighters (EFF) slammed the appointment of Maria Ramos to the Public Investment Corporation interim board, saying she is conflicted and would not defend the interests of civil servants and the PIC.
The red berets say Ramos, former finance minister Trevor Manuel, President Cyril Ramaphosa and Finance Minister Tito Mboweni are "direct deployees of white monopoly capital."
"Maria Ramos was in the recent past a board member of Remgro, an investment holdings company chaired by Johan Rupert, which has shares in a lot of company that has the PIC as shareholders. Amongst these companies are RMH & FIRSTRAND, the owners of FNB and Wesbank; Mediclinic, eMedia which owns eTV and eNCA; Distell, RCL Foods and many other companies which the PIC has direct or indirect interests.
"Maria Ramos will unavoidably be conflicted and will certainly not defend the interests of Government Employees on the PIC Board, as she has direct relationships with the companies she served as a director in," the party said in a statement.
Mboweni on Wednesday announced the appointment of an interim board of directors, who included the ex-Absa CEO Ramos. The traditional appointment of finance deputy minister as PIC chairperson was done away with.