DA's Mark Burke
JOHANNESBURG - Dr Mark Burke is no longer part of Parliament’s finance committee and finance cluster.
The DA said the move follows the South African Reserve Bank's inquiry into a company of which he is a beneficiary.
The party said this move is intended to avoid a perceived conflict of interest.
"After consultation with Dr Mark Burke, we have decided that out of an abundance of caution, and to avoid any perceptions of a conflict of interest, he will no longer serve on the finance committee or in the finance cluster while a company he is a beneficiary of is the subject of an inquiry by the SARB. We have now effected that change," the DA said in a statement.
Kingsley Wakelin will take over as the DA’s Finance spokesperson.
The ANC said this move does not absolve Burke from accountability.