Nhlanhla Nene

Xoli Mngambi / Twitter

Nhlanhla Nene backtracks on Gupta meetings, talks Iqbal Survé connection

Nhlanhla Nene has sung like a canary at the state capture inquiry, but it probably won’t be enough to keep the EFF off his back.

Nhlanhla Nene

Xoli Mngambi / Twitter

Finance Minister Nhlanhla Nene has admitted to being present during several meetings with the Gupta family, and revealed Mcebisi Jonas told him about the mega-bribe offered by the brothers.

During another dramatic day at the state capture inquiry, Nene confirmed that he had met with the Guptas multiple times between 2010 – 2015. The minister stated he first became suspicious of the Indian billionaires in 2013, when the Estina Dairy Project took flight.

When Nhlanhla Nene met Mcebisi Jonas

In total, Nene claims to have met the Guptas six times in 2010 and once in 2013. He told the commission that no official business was discussed, and he felt he was there in a more casual capacity.

The minister also revealed the brothers wanted him to write for their magazine, The Thinker. During an interview with eNCA in 2016, Mr Nene only said he’d encountered the Guptas “once or twice” in passing.

Nene also detailed about meeting with a “flustered” Mcebisi Jonas in October. Jonas told the minister all about the meeting where the Guptas offered him R600 million to take Nene’s job if he were to act favourably upon their requests.

While at the Treasury, Jonas came to meet Nene. They began talking, but the conversation moved outside to the balcony as both parties feared being listened into, in the wake of espionage operation Project Spiderweb:

Who is Iqbal Survé?

Meanwhile, Nene was also forced to distance himself from the Gupta’s attempts to get involved on a billion-rand investment deal concerning the Public Investment Corporation’s investment (PIC).

Iqbal Survé is the owner of Sekunjalo Investments, and he was looking to purchase the Independent Group. The billionaires, sensing an opportunity to increase their stake in South African media, approached Survé for a chance to invest. However, this was turned down. Nene denies any involvement:

Nhlanhla Nene also distanced himself from claims that his son received PIC funding investment regarding an oil company – the EFF initially made the allegation and have promised to reveal more of the dirt they have on Nene if he does not resign. Stay tuned, folks.