South Africa: President’s son blames ex-minister for account closures
29 Aug 2017

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.

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