Mbeki: My defeat to Zuma was based on lies

In the period leading up to the Polokwane conference, Mbeki was accused of abusing state resources to target political opponents, including Zuma and for centralising power in government.

FILE: Former President Thabo Mbeki. Picture: Reinart Toerien/EWN.

JOHANNESBURG - Former President Thabo Mbeki says a lot of what happened at the African National Congress’ (ANC) national conference in Polokwane in 2007, when he lost the party leadership race to President Jacob Zuma, was based on lies.

Zuma defeated Mbeki 10 years ago, paving the way for his ascension to power.

In the period leading up to the Polokwane conference, Mbeki was accused of abusing state resources to target political opponents, including Zuma and for centralising power in government.

Speaking to Power FM on Thursday night, Mbeki said that even Julius Malema, who was a fierce campaigner for Zuma, was lied to.

“Lies were told to Juju by people who he had no reason to disbelieve.”

The former president says that lies were peddled during that period in the ANC to achieve certain objectives.

Meanwhile, Mbeki has described white monopoly capital as an abused term because it's a sexy and popular slogan.

Mbeki also says for South Africa's economy to grow, it needs higher rates of investments and new factories.