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[LIVE BLOG] Zondo Inquiry: Gordhan says his daughter has no business with the state
Pravin Gordhan is expected to conclude his testimony at the commission today after which former Treasury Director-General Lungisa Fuzile will take the stand.
"There was no such relationship... I want to make it absolutely clear that whatever the interactions might have been, there was no so-called meeting... We happened to be together in the same place at the same moment. I am quite emphatic about the point that I am not for sale.. There were repeated efforts to try to meet me... all of which I or the office [Treasury] turned down."
Gordhan says two days before Nhlanhla Nene was removed as finance minister, no formal PFMA application was submitted seeking his approval for the establishment of Denel Asia, which is required by law. This means Nene did not approve it. After Nene was removed, new minister Des van Rooyen the PFMA application was submitted to him to approve.
Gordhan says he told Zuma he would run a procurement project for the nuclear deal, which was so big, to ensure that it was properly done. He told Zuma it would be appropriate to follow legal process to avoid scandals like the Arms Deal. The deal's costs, supplier etc had to be carefully considered, Gordhan says.