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‘Presidency lied about a position for Nene at Brics Bank’

The Democratic Alliance says Jacob Zuma lied about nominating Nhlanhla Nene to head the Brics Bank.

FILE: Former Finance Minister Nhlanhla Nene. Picture: Reinart Toerien/EWN.

JOHANNESBURG - The Democratic Alliance(DA) says it's clear that the Presidency lied about a position for Nhlanhla Nene at the Brics Bank.

Today, Allan Gray confirmed that Nene has been appointed to its board as a non-executive director.

Nene was sacked as finance minister in December and replaced by little known, Des van Rooyen, before Pravin Gordhan was re-appointed to the position.

President Jacob Zuma had responded to questions in Parliament recently saying Nene had been nominated to head the Brics Bank.

"He is capable and that is precisely the reason [why] I thought he should contribute not just to the country, [but] to the continent [and] to the globe."

But the DA's David Maynier says this is a blatant lie.

"I don't think the president was ever serious about appointing the former minister to the Brics Bank. It was a blatant lie to cover up the removal of Nhlanhla Nene last year."

Allan Gray says it's happy to have someone with Nene's experience on board and it's looking forward to his strategic and leadership skills.

LISTEN: ANC Economics Transformation Committee on Nene's new job