WATCH LIVE: #StateCaptureInquiry
20 Nov 2018
20 Nov 2018
20 Nov 2018
20 Nov 2018
20 Nov 2018
20 Nov 2018
20 Nov 2018
20 Nov 2018
Proceedings adjourn for the day, Gordhan is set to return tomorrow to finish his testimony, along with three other witnesses.
Proceedings are scheduled to start at 10:00.
20 Nov 2018
20 Nov 2018
20 Nov 2018
20 Nov 2018
20 Nov 2018
20 Nov 2018
20 Nov 2018
Now dealing with alleged attempt by National Treasury to take over responsibilities and the hostility towards Treasury.
Over the democratic era, SA has established good safety net, ahead of most developing countries.Gordhan says there were issues around how social grants are funded.
Dlamini accuses Treasury of not protecting the needs to ordinary South Africans.
20 Nov 2018
READ: #StateCaptureInquiry: 'I have nothing to fear' - Gordhan
Public Enterprises Minister Pravin Gordhan says his detractors should appear before the judicial commission of inquiry into allegations of state capture and "say their piece under oath".
20 Nov 2018
20 Nov 2018
Moving towards lengthy letter written to Treasury by Bathabile Dlamini around June 2016:
Gordhan says the letter demonstrated attack on Treasury, they tried to find alternative solutions - other than CPS because it presented many challenges - to pay social grants.
20 Nov 2018
What role Zuma played in the dispute between Gordhan and Moyane:
None at all, Gordhan says.
Zuma's lawyer only acted as a mediator.
20 Nov 2018
20 Nov 2018
Now deals with relationship and interaction with Tom Monyane.
"I wouldn't like to call it a relationship," Gordhan says.
20 Nov 2018
Gordhan: How I dissed the Guptas
The former minister of finance was scathingly dismissive of the Guptas: he threw a fruit basket, that served as in invitation to the infamous Sun City wedding in the rubbish bin and a meeting with Ajay Gupta brokered by Zuma ended “after roughly two minutes” when it became clear he wasn’t interested.
Gordhan also offered the following as evidence of his disdain of the family:
** “I made not visits to the Saxonwold compound.”
** “Treasury cancelled The New Age post-budget breakfasts.”
** “I refused to take part in (then) Minister Zwane’s attempts to intervene in the banks’ decision to close the Gupta accounts.”
** “The court action lodged in the High Court to get a declaratory order about the powers if the finance minister in relation to banks.”
** “My, and Treasury’s, refusal to accede to the Denel Asia deal while we were pressured to do so.”
He added: “These are a few indicators of where I stood in relation to this issue (the Guptas).
- Pieter Du Toit
20 Nov 2018
Returning to issues of 2016, the orchestrated campaign he speaks of - asked if there is proof of this Gordhan says footage from ANN7 can provide evidence of orchestrated campaign, as well as the role Bell Pottinger played in state capture.
"In formal terms, Bell Pottinger doesn't exist," he says.
20 Nov 2018
Gordhan asked if he lied to Parliament about meeting with the Guptas, he responds:
"I would not lie to Parliament. If I wanted to lie I would have left this meeting out. The fact that it is here and clear is evident that we are being frank."
20 Nov 2018
20 Nov 2018
Gordhan says he attended the meeting together with Mr Mogajane, who advised him that meeting lasted an hour.
Gordhan emphasises that the meeting he had was with Mr Ambani, not a Gupta brother.
20 Nov 2018