LIVE: Nhlanhla Nene testifies at #StateCaptureInquiry

Finance Minister Nhlanhla Nene will on Wednesday appear before the Zondo commission of inquiry into state capture. File picture: Elmond Jiyane/GCIS

Finance Minister Nhlanhla Nene will on Wednesday appear before the Zondo commission of inquiry into state capture. File picture: Elmond Jiyane/GCIS

Published Oct 3, 2018

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Johannesburg - Finance Minister Nhlanhla Nene is expected to be quizzed on possible links to the controversial Gupta family when he appears before the Zondo commission of inquiry into state capture. He is also expected to recount how he was fired by former president Jacob Zuma in 2015. 

Nene has been the subject of a number of recent media reports which claim that he held numerous meetings with the members of the family who are closely linked to Zuma and are central to the allegations of influence peddling at state-owned entities.

In December 2015 Nene was fired by Zuma for allegedly refusing to approve plans for the building of a nuclear plant which would have benefitted a Gupta-own uranium firm, as well as a number of other ventures which would have provided the family with a huge financial windfall. He was briefly replaced as finance minister by Des van Rooyen, a move that saw the rand tank and billions wiped out of South Africa's economy. 

Earlier this year President Cyril Ramaphosa reappointed Nene, who is widely seen as a solid choice to control the public purse.

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