Johannesburg - First National Bank (FNB) declined to meet with the cabinet's inter-ministerial committee (IMC) to discuss the closure of Gupta related bank accounts, the state capture inquiry has heard.
The IMC, which was appointed by the cabinet in 2016 to look into the closure of Gupta bank accounts, had written to FNB requesting a meeting with the bank to discuss their close of Gupta accounts, said Johan Burger, FirstRand Group's former chief executive.
Burger told the inquiry on Tuesday the bank declined to meet with the committee in April 2016 after the committee was unable to confirm whether the finance minister Pravin Gordhan would be present in the meeting. The bank also declined to discuss client information with the committee.
The IMC included Labour minister Mildred Oliphant, former mineral resources minister Mosebenzi Zwane and Gordhan, who declined to get involved in questioning the banks' closure of Gupta owned accounts.
Burger said he insisted that the finance minister had to be present in the meeting as he was the minister responsible for governing of the financial institutions. After the committee was unable to provide this information, the bank declined to meet.