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“Where is Patrice Motsepe when we need him?” Julius Malema sad about Drip’s liquidation

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Julius Malema concerned for Drip Footwear’s workers

EFF leader Julius Malema isn’t pleased with how Lekau Sehoana’s Drip Footwear company shut down.

Addressing the issue at a press briefing on Thursday, the politician said, “Why is there no business rescue? We go to liquidation. Why is there no saving? Where is Patrice Motsepe when we need him? If he’s a successful black billionaire, where is he when a young entrepreneur with such a promising future is going down?”


Malema expresses concern for the workers who lost their jobs, and promises to have a conversation with the company’s founder.

“I have a meeting set up with Sehoana. I want to understand what is going on. I want details of what is happening because at face value Drip was doing well and was a growing brand found in many shopping centres. However, we won’t know the internal use of money and all that.”

“Drip is worth saving. Let’s hear the story, and let’s make calls. The people who can intervene can take over the finances of Drip until they stabilise and recover their money.”

“I’m unable to make a call now, but after the discussions, we will issue a statement and say, ‘this is what we think can happen.”

“More than Sehoana, we are concerned about the workers in those shops. Their families are going to go hungry.”

 

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