#StateCaptureInquiry: Zuma fired me for refusing to approve Gupta deals – Nhlanhla Nene

PUBLISHED: Wed, 03 Oct 2018 16:03:13 GMT
Share

JOHANNESBURG (Reuters) – South Africa’s Finance Minister Nhlanhla Nene said on Wednesday he was fired by former president Jacob Zuma for refusing to approve contracts that would financially benefit the Gupta family, friends of Zuma accused of corruption.

Nene, who was giving testimony at a judicial inquiry into influence-peddling, said the main reason he was he was sacked was for rejecting a proposed plan to build a fleet of nuclear power plants. The project could have cost up to $100 billion.

Zuma and the Gupta family deny allegations they colluded to inappropriately divert state funds.

Reporting by Mfuneko Toyana; Writing by Joe Brock; Editing by Toby Chopra

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.