StateCaptureInquiry | NhlanhlaNene claims that he received an SMS from Floyd Shivambu days after he was reappointed as finance boss in February 2018.
Nhlanhla Nene told the Zondo commission that EFF deputy president Floyd Shivambu, pictured, asked him to not place VBS Mutual Bank under curatorship. 'It is common knowledge that Shivambu's brother benefited from the VBS matter,' said Nene.EFF deputy president Floyd Shivambu allegedly sent an SMS to former finance minister Nhlanhla Nene and treasury director-general Dondo Mogajane, asking that the controversial VBS Mutual Bank not be placed under curatorship.
At the time, Nene was tasked with determining whether the bank be placed under curatorship after reports found that almost R2bn was looted from the institution. Shivambu's brother is alleged to be one of the parties that benefited from the scandal. "I did not succumb to this kind of pressure because this was meant to influence my decision," Nene told the commission.
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