Public Investment Corporation boss Dan Matjila, Finance Minister Malusi Gigaba and others showed a united front in Tuesday's press briefing. This after Matjila had spoken publically that there was a plot to oust him.
When asked at the briefing about his earlier comments, he fudged saying he would answer in a statement on Wednesday.
Why did he do this about-turn?
Deputy Editor at Business Day Carol Paton says she does not believe there will be any statement from Matjila.
He would have had to point fingers at the very people in the briefing he believed were out to get him, she explains.
He chickened out....because there could have been grounds for Gigaba to say there was an irretrievable breakdown between us and maybe you best move on.— Carol Paton, Deputy Editor at Business Day
I think it was a big wake-up call for Dan Matjila. He called their bluff, and when they came out fighting, he couldn't retaliate.— Carol Paton, Deputy Editor at Business Day
She says it is an old strategy to get rid of people standing in the way of state capture - of bringing out reports with some elements of truth and some fabricated to intimidate the individual targeted and silence them.
She says Deputy Finance Minister Sfiso Buthelezi has been pushing a hard line against Matjila for these 'strange allegations' he spoke of earlier in the week.
She says he wants to remove Matjila but now it has become more difficult to implement.
Nobody was fooled by their united front saying there are no problems.— Carol Paton, Deputy Editor at Business Day
She believes the press briefing resulted in a stalemate in attempt to oust Matjila.
Take a listen: