Over R4.3 billion disappeared under Nene and Gordhan’s watch – BLF

The party approached the commission in September last year with what they said was evidence of looting in Treasury.


Black First Land First (BLF) has welcomed an invitation to submit evidence to the Zondo commission of inquiry into state capture in relation to corrupt activities at the national treasury during Finance Minister Pravin Gordhan and Nhlanhla Nene’s tenures.

The party plans to table evidence on what they label as criminal conduct by Gordhan and Nene.

The party claim alleged crimes under Gordhan and Nene have resulted in the disappearance of over R4.3 billion under their watch. Their submission to the Zondo commission is that Nene and Gordhan acted in service of state capture by white monopoly capital.

“White monopoly capital has bankrupted South Africa, made us subservient to the west and is the author and facilitator of the most devastating corruption in the country. It is only BLF that has the fighting will to confront white monopoly capital so as to end its corruption and looting of the economy.”

The submission will be led by BLF deputy president Zanele Lwana who will be presenting evidence orally in relation to alleged corruption in treasury under Gordhan and Nene’s watch.

“The criminal conduct of Gordhan and Nene relate to each of them covering up and/or being complicit in offences that were committed by their respective deputy ministers of finance, director generals, executive officers, and audit committees.”

The date of the hearing of evidence is February 12.

BLF will also submit evidence implicating white capital entities in state capture, which will include names such as Johan Rupert, the Oppenheimer, Markus Jooste, and Adriano Mazzotti.

The party was barred from entering the commission last year in September when a dozen supporters gathered outside the venue during hearings demanding to be let in.

Police blocked the group while Absa’s Yasmin Masithela was testifying before the commission on why the bank had closed the accounts belonging to the Gupta-owned businesses.

Lwana accused police of trampling on their rights as members of the public who wanted to attend the hearings.

For more news your way, download The Citizen’s app for iOS and Android.

Read more on these topics

Black First Land First (BLF) gordhan

Access premium news and stories

Access to the top content, vouchers and other member only benefits