Former finance minister Nene says he is 'disturbed' by fake China letter

Reports surfaced on Tuesday that people linked to the Gupta family wrote a letter in the name of the former finance minister Nhlanhla Nene as part of a tender that saw a Chinese bank giving Transnet a loan of R30 billion rand.

That loan was close to the amount paid to the company China South Rail and North China Rail in a tender with the parastatal.

Various newspaper reports, citing the leaked emails, claim that a letter was written in Nene’s name and addressed to the China Development Bank board’s chairperson in January 2015.

Nene says the letter is fabricated.

There are two letters at play here, this one that has been written on my behalf has nothing to do with us. That's why I refer to it as a fake or a fabrication.

Nhlanhla Nene, former finance minister

But he acknowledges there was a letter written from their office at the time.

(It) just explains that institution to institution, MOU's and bank to bank...had been signed between the DBSA and Bank of China, and the China Development Bank which is a counterpart of our DBSA. There was also an agreement between the two sate entities, which is Transnet from our side... the explanation we were given is that those arrangements stand, so there wasn't any letter written by us to the China Development Bank.

Nhlanhla Nene, former finance minister

It is quite scary because when you see this you don't know how many such activities have taken place. In my view this should be viewed in a very serious light.

Nhlanhla Nene, former finance minister

As I said amongst these letters, there is a letter that is fake but also there is a letter that definitely comes from our office which I find strange that it also ended up in the Sahara entry.

Nhlanhla Nene, former finance minister

Click on the link below to listen to the full audio....


This article first appeared on 702 : Former finance minister Nene says he is 'disturbed' by fake China letter


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