State Capture Inquiry

Nene takes the stand at the Zondo Commission, EFF says he must come clean

The December 2015 dismissal of then finance minister Nhlanhla Nene and the appointment of two ministers as his replacements in four days was perhaps the most consequential reaction to any single decision made by former president Jacob Zuma.

By some estimates, the late announcement by Zuma wiped off half a trillion rand of the value of South African stocks and bonds.

It was seen as the final affront after Nene was said to have resisted attempts to hi-jack National Treasury by refusing to agree to an estimated $100 billion nuclear build programme and rent-seeking at national carrier SAA.

Nene is back in his old job and will appear before the Zondo Commission hearings into State Capture on Wednesday to tell of what he knew about the Gupta family and his own dealings with them amongst other issues.

But the Economic Freedom Fighters have warned the minister has his own skeletons and is not the hero he is often assumed to be and is calling on him to come clean.

READ: Gigaba, Nene and Judge Davis appear before the Nugent Commission

Executive Secretary of the Council for the Advancement of the South African Constitution (Casac) Lawson Naidoo says we need to distinguish two issues. Nene is appearing before the Zondo Commission today to give testimony to that commission.

And we know that it deals with the issues around external influence in the appointment of ministers into the Cabinet under the Zuma administration and the removal of Mr Nene himself as minister of finance.

Lawson Naidoo, Executive Secretary Casac

The circumstances surrounding that and the testimony he gives may well cover aspects that were raised by previous witnesses.

Lawson Naidoo, Executive Secretary Casac

He adds that is where the focus will be in his testimony today and the issues raised by the EFF need to be separated.

Because they relate to a separate set of circumstances around the PIC which may well be part of what we call corruption or state capture. But there is no real evidence behind those allegations at the moment.

Lawson Naidoo, Executive Secretary Casac

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