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DA urges IDC to give Guptas ‘a wide berth’

The Industrial Development Corporation (IDC) should “follow the lead of the commercial banks and give the president’s pals (the Guptas) a wide berth in future”, the Democratic Alliance (DA) said on Wednesday. DA MP Michael Cardo was officially responding to Economic Development Minister Ebrahim Patel’s Parliamentary written reply regarding a loan restructure deal with Gupta-owned Oakbay Resources & Energy.