Nene explains at state capture inquiry why he resigned as minister

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The former minister says he visited the Gupta residence and business premises eight times as deputy and as finance minister.

Former finance minister Nhlanhla Nene explained at the commission of inquiry into state capture why he vacated his ministerial post following his testimony at the commission last year and revelations that he had met with the controversial Gupta family alleged to be at the centre of state capture.

He told the commission that he visited the Gupta residence and businesses about eight times, six times when he was still the deputy minister of finance and two times as minister of finance. However, Nene explained to the commission that the question of him meeting the Guptas had been “an ambush” at the time because he thought the television interview would only discuss his dismissal at the time. Nene was axed by former president Jacob Zuma in December 2015.He said he opted to vacate his position last year to make matters easy for the president, Cyril Ramaphosa, adding that he stepped down from the position after he consulted the head of state.

He, however, added that considering the controversy around the family at the time, he concedes that he could have limited his visits.

 

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