South Africa

Revealed: How Nene also had hush-hush Gupta meetings

02 October 2018 - 06:18 By ranjeni munusamy
Ranjeni Munusamy Associate editor: analysis
subscribe Just R20 for the first month. Support independent journalism by subscribing to our digital news package.
Subscribe now
Finance Minister Nhlanhla Nene is expected to appear before the Zondo Commission of Inquiry on October 3 2018
Finance Minister Nhlanhla Nene is expected to appear before the Zondo Commission of Inquiry on October 3 2018
Image: Gallo Images / Nardus Engelbrecht

Finance Minister Nhlanhla Nene held several meetings with the Guptas during his first term. Before that, he also met them when he was deputy minister, where the notorious businessmen demanded his intervention in the Public Investment Corporation (PIC) deal with Iqbal Surve’s Sekunjalo Investment Holdings.

Nene will for the first time own up to interactions with the Guptas when he testifies at the state capture commission on Wednesday.


Click here for the latest news and analysis of the state capture inquiry

It is understood the Guptas summoned Nene to a number of meetings when he was deputy minister of finance and chairperson of the PIC after Surve rebuffed their attempts to buy a stake in the Independent News and Media group.

subscribe Just R20 for the first month. Support independent journalism by subscribing to our digital news package.
Subscribe now

Most read

  1. Another honorary doctorate for Esther Mahlangu, for 'mathematical prowess' South Africa
  2. New tobacco laws may worsen illicit trade, global conference hears South Africa
  3. LISTEN | 'There was communication between the accused,' Senzo Meyiwa trial hears South Africa
  4. Price of petrol set to rise in May, diesel to decrease news
  5. Israelis have decided to retaliate against Iran, says UK's Cameron World

Latest Videos

PSG upset Barcelona to book a duel against Dortmund in UCL semis
Young Ugandans dream of being professional wrestlers